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Credit Rating Analysis: ASAHI TEC (Annual )

The details of credit rating (bankruptcy risk) can be checked. A credit rating in nine stages (AAA-C).

【Analysis Menu】 @Outline @Statement @Rating @Indicator @Download

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Credit Rating (Bankruptcy Risk): ASAHI TEC (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2012-03-31  BB  Credit is a little enough, but be insufficient potential by biz environs. ¥ 80 B
10.71%
¥ 3 B
83.35%
¥ 1 B
750.96%

Financial Timeline

Date  2011-06-30 
(First quarter )
 2011-09-30 
(Second quarter )
 2011-12-31 
(Third quarter )
 2012-03-31 
(Annual )
Credit Rating CCCBBBBBBB
Total Assets
¥ 53 B
¥ 54 B
¥ 55 B
¥ 57 B
Net Assets
¥ 16 B
¥ 17 B
¥ 17 B
¥ 18 B

Financial Statement Risk Analysis: ASAHI TEC (Annual ) (Consolidated )

Special note
The change of Net income is going too far. The management situation is unstable.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -4 B) & Financial Cash Flow (¥ -1 B) is a minus, Operating Cash Flow (¥ 6 B) is a plus,
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Stated Capital less
Stated Capital (¥ 13 B) is first term Stated Capital (¥ 38 B) less , there is a possibility that the management situation is very severe.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Cumulative loss)
Earned Surplus etc. (¥ -20 B) is minus, so Cumulative loss , there is a possibility that the management situation is severe.
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -421 M) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 58 B) is first term Sales (¥ 218 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 52 B) is first term Gross Income (¥ 205 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -758 M) & Financial Cash Flow (¥ -2 B) is a minus, Operating Cash Flow (¥ 2 B) is a plus,
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -15 B) is Sales first term ratio (¥ -160 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Management Risk (*Cumulative loss)
Earned Surplus etc. (¥ -20 B) is minus, so Cumulative loss , there is a possibility that the management situation is severe.
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -23 B) & Operating Cash Flow (¥ -670 M) is minus or 0, so , there is a possibility that the management situation is very severe.
Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -670 M) is a minus, Financial Cash Flow (¥ 7 B) is a plus. Because sale is inactive, it may depend for financing on loan from banks, capital increase, etc.
Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -670 M) and Investment Cash Flow (¥ -7 B) is minus, so , there is a possibility of the overinvestment.

Ticker Market Industry Month report Rating
@ ASAHI TEC 5606 TSE 1st Iron & Steel 3 Annual BB

Related Company

@ トピー工業 (Sales ¥ 226 B)
@ Sanyo Special Steel (Sales ¥ 138 B)
@ Chuo Denki Kogyo (Sales ¥ 43 B)
@ 川金ホールディングス (Sales ¥ 25 B)
@ ASAHI TEC (Sales ¥ 80 B)
@ Toyo Kohan (Sales ¥ 109 B)
@ ENVIPRO HOLDINGS (Sales ¥ 37 B)
@ SNT (Sales ¥ 18 B)
@ OSAKA STEEL (Sales ¥ 62 B)
@ Shinko Wire (Sales ¥ 27 B)
@ Tohoku Steel (Sales ¥ 16 B)
@ CHUO MALLEABLE IRON (Sales ¥ 21 B)
@ NIPPON CHUTETSUKAN (Sales ¥ 14 B)
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