Asahi Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Asahi Group Holdings has a total shareholder equity of ¥2,465.8B and total debt of ¥1,410.8B, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are ¥5,285.9B and ¥2,820.1B respectively. Asahi Group Holdings's EBIT is ¥250.7B making its interest coverage ratio 36.8. It has cash and short-term investments of ¥70.4B.
Key information
57.2%
Debt to equity ratio
JP¥1.41t
Debt
Interest coverage ratio | 36.8x |
Cash | JP¥70.41b |
Equity | JP¥2.47t |
Total liabilities | JP¥2.82t |
Total assets | JP¥5.29t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASBR.F's short term assets (¥847.0B) do not cover its short term liabilities (¥1,397.0B).
Long Term Liabilities: ASBR.F's short term assets (¥847.0B) do not cover its long term liabilities (¥1,423.2B).
Debt to Equity History and Analysis
Debt Level: ASBR.F's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: ASBR.F's debt to equity ratio has reduced from 89.4% to 57.2% over the past 5 years.
Debt Coverage: ASBR.F's debt is well covered by operating cash flow (24.6%).
Interest Coverage: ASBR.F's interest payments on its debt are well covered by EBIT (36.8x coverage).