Asahi Kasei (ASAA) Ratios
Asahi Kasei Ratios
DE:ASAA's free cash flow for Q2 2026 was $75.16B. For the 2026 fiscal year, DE:ASAA's free cash flow was decreased by $-42.95B and operating cash flow was $118.11B. See a summary of the company’s cash flow.
| Ratios | Mar 26 | Mar 26 | Mar 25 | Mar 24 | Mar 23 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.83 | 2.35 | 1.80 | 1.63 | 1.44 |
| Quick Ratio | 1.09 | 1.35 | 1.06 | 0.93 | 0.86 |
| Cash Ratio | 0.41 | 0.48 | 0.36 | 0.28 | 0.26 |
| Solvency Ratio | 0.15 | 0.18 | 0.12 | 0.05 | 0.19 |
| Operating Cash Flow Ratio | 0.31 | 0.38 | 0.32 | 0.10 | 0.20 |
| Short-Term Operating Cash Flow Coverage | 0.97 | 2.33 | 1.01 | 0.25 | 0.52 |
| Net Current Asset Value | $ -331.82B | $ -106.94B | $ -164.07B | $ -270.32B | $ -296.05B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.30 | 0.24 | 0.26 | 0.28 | 0.23 |
| Debt-to-Equity Ratio | 0.64 | 0.48 | 0.53 | 0.59 | 0.46 |
| Debt-to-Capital Ratio | 0.39 | 0.33 | 0.35 | 0.37 | 0.32 |
| Long-Term Debt-to-Capital Ratio | 0.31 | 0.29 | 0.26 | 0.26 | 0.20 |
| Financial Leverage Ratio | 2.16 | 1.98 | 2.02 | 2.08 | 1.98 |
| Debt Service Coverage Ratio | 1.05 | 2.62 | 0.79 | 0.25 | 0.89 |
| Interest Coverage Ratio | 23.30 | 18.57 | 18.90 | 21.73 | 55.63 |
| Debt to Market Cap | 0.80 | 0.47 | 0.61 | 0.73 | 0.52 |
| Interest Debt Per Share | 873.62 | 754.07 | 694.74 | 707.09 | 562.81 |
| Net Debt to EBITDA | 2.06 | 1.50 | 2.85 | 6.00 | 1.45 |
| Profitability Margins | |||||
| Gross Profit Margin | 29.92% | 32.81% | 29.30% | 28.38% | 31.27% |
| EBIT Margin | 6.71% | 7.39% | 1.30% | -2.08% | 8.89% |
| EBITDA Margin | 12.83% | 13.77% | 7.85% | 4.43% | 14.91% |
| Operating Profit Margin | 6.98% | 7.52% | 5.05% | 4.71% | 8.23% |
| Pretax Profit Margin | 6.41% | 6.98% | 1.04% | -2.29% | 8.74% |
| Net Profit Margin | 4.44% | 5.16% | 1.57% | -3.37% | 6.58% |
| Continuous Operations Profit Margin | 4.62% | 5.32% | 1.66% | -3.30% | 6.66% |
| Net Income Per EBT | 69.37% | 73.99% | 151.88% | 147.02% | 75.25% |
| EBT Per EBIT | 91.83% | 92.82% | 20.49% | -48.73% | 106.16% |
| Return on Assets (ROA) | 3.36% | 3.84% | 1.20% | -2.66% | 4.83% |
| Return on Equity (ROE) | 7.26% | 7.60% | 2.42% | -5.54% | 9.59% |
| Return on Capital Employed (ROCE) | 6.95% | 6.91% | 5.12% | 5.05% | 8.36% |
| Return on Invested Capital (ROIC) | 4.54% | 5.06% | 4.62% | 4.41% | 5.55% |
| Return on Tangible Assets | 4.38% | 4.93% | 1.51% | -3.38% | 6.44% |
| Earnings Yield | 9.35% | 7.75% | 2.93% | -7.16% | 10.98% |
| Efficiency Ratios | |||||
| Receivables Turnover | 6.23 | 6.03 | 5.77 | 6.19 | 5.70 |
| Payables Turnover | 11.00 | 10.59 | 9.23 | 10.81 | 9.37 |
| Inventory Turnover | 2.96 | 2.60 | 2.90 | 3.04 | 3.13 |
| Fixed Asset Turnover | 3.30 | 3.20 | 3.26 | 3.13 | 3.06 |
| Asset Turnover | 0.76 | 0.74 | 0.76 | 0.79 | 0.73 |
| Working Capital Turnover Ratio | 3.94 | 3.28 | 4.25 | 5.53 | 5.83 |
| Cash Conversion Cycle | 148.76 | 166.33 | 149.62 | 145.28 | 141.69 |
| Days of Sales Outstanding | 58.60 | 60.55 | 63.31 | 58.92 | 64.08 |
| Days of Inventory Outstanding | 123.36 | 140.23 | 125.84 | 120.11 | 116.57 |
| Days of Payables Outstanding | 33.20 | 34.45 | 39.53 | 33.75 | 38.96 |
| Operating Cycle | 181.95 | 200.78 | 189.16 | 179.03 | 180.66 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 218.73 | 223.28 | 213.04 | 65.47 | 132.09 |
| Free Cash Flow Per Share | 72.41 | 80.61 | 88.99 | -58.66 | 9.78 |
| Dividend Paid and CapEx Coverage Ratio | 1.20 | 1.22 | 1.33 | 0.41 | 0.84 |
| Capital Expenditure Coverage Ratio | 1.49 | 1.57 | 1.72 | 0.53 | 1.08 |
| Operating Cash Flow Coverage Ratio | 0.25 | 0.30 | 0.31 | 0.09 | 0.24 |
| Operating Cash Flow to Sales Ratio | 0.10 | 0.10 | 0.11 | 0.03 | 0.07 |
| Free Cash Flow Yield | 6.92% | 5.34% | 8.25% | -6.33% | 0.92% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 10.69 | 12.90 | 34.13 | -13.97 | 9.11 |
| Price-to-Sales (P/S) Ratio | 0.48 | 0.67 | 0.54 | 0.47 | 0.60 |
| Price-to-Book (P/B) Ratio | 0.78 | 0.98 | 0.82 | 0.77 | 0.87 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 14.46 | 18.72 | 12.12 | -15.79 | 108.69 |
| Price-to-Operating Cash Flow Ratio | 4.79 | 6.76 | 5.06 | 14.15 | 8.04 |
| Price-to-Earnings Growth (PEG) Ratio | 0.05 | 0.66 | -0.23 | 0.09 | 0.09 |
| Enterprise Value Multiple | 5.76 | 6.34 | 9.69 | 16.65 | 5.47 |
| Enterprise Value | 2.24T | 2.68T | 2.12T | 2.01T | 2.01T |
| EV to EBITDA | 5.76 | 6.34 | 9.69 | 16.65 | 5.47 |
| EV to Sales | 0.74 | 0.87 | 0.76 | 0.74 | 0.82 |
| EV to Free Cash Flow | 22.49 | 24.51 | 17.16 | -24.69 | 147.96 |
| EV to Operating Cash Flow | 7.45 | 8.85 | 7.17 | 22.12 | 10.95 |
| Tangible Book Value Per Share | 713.46 | 919.16 | 789.17 | 691.19 | 635.69 |
| Shareholders’ Equity Per Share | 1349.03 | 1538.43 | 1308.23 | 1197.14 | 1216.21 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.28 | 0.24 | -0.61 | -0.44 | 0.24 |
| Revenue Per Share | 2203.60 | 2264.79 | 2009.08 | 1965.90 | 1774.01 |
| Net Income Per Share | 97.94 | 116.97 | 31.60 | -66.30 | 116.68 |
| Tax Burden | 0.69 | 0.74 | 1.52 | 1.47 | 0.75 |
| Interest Burden | 0.96 | 0.95 | 0.79 | 1.10 | 0.98 |
| Research & Development to Revenue | 0.04 | 0.00 | 0.04 | 0.04 | 0.04 |
| SG&A to Revenue | 0.19 | 0.25 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 2.23 | 1.91 | 6.74 | -1.47 | 0.85 |
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