Asahi Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Asahi Group Holdings has a total shareholder equity of ¥2,835.4B and total debt of ¥1,477.7B, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are ¥5,703.1B and ¥2,867.7B respectively. Asahi Group Holdings's EBIT is ¥258.8B making its interest coverage ratio 64.3. It has cash and short-term investments of ¥58.5B.
Key information
52.1%
Debt to equity ratio
JP¥1.48t
Debt
| Interest coverage ratio | 64.3x |
| Cash | JP¥58.54b |
| Equity | JP¥2.84t |
| Total liabilities | JP¥2.87t |
| Total assets | JP¥5.70t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASBR.F's short term assets (¥868.3B) do not cover its short term liabilities (¥1,244.5B).
Long Term Liabilities: ASBR.F's short term assets (¥868.3B) do not cover its long term liabilities (¥1,623.3B).
Debt to Equity History and Analysis
Debt Level: ASBR.F's net debt to equity ratio (50.1%) is considered high.
Reducing Debt: ASBR.F's debt to equity ratio has reduced from 90% to 52.1% over the past 5 years.
Debt Coverage: ASBR.F's debt is well covered by operating cash flow (23.8%).
Interest Coverage: ASBR.F's interest payments on its debt are well covered by EBIT (64.3x coverage).