Asahi Broadcasting Group Holdings Corporation

Tokyo Stock Exchange 9405.T

Asahi Broadcasting Group Holdings Corporation Interest Coverage Ratio for the year ending March 31, 2024: -8.97

Asahi Broadcasting Group Holdings Corporation Interest Coverage Ratio is -8.97 for the year ending March 31, 2024, a -114.56% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Asahi Broadcasting Group Holdings Corporation Interest Coverage Ratio for the year ending March 31, 2023 was 61.66, a -59.82% change year over year.
Asahi Broadcasting Group Holdings Corporation Interest Coverage Ratio for the year ending March 31, 2022 was 153.43, a 1,461.25% change year over year.
Asahi Broadcasting Group Holdings Corporation Interest Coverage Ratio for the year ending March 31, 2021 was 9.83, a -94.71% change year over year.
Asahi Broadcasting Group Holdings Corporation Interest Coverage Ratio for the year ending March 31, 2020 was 185.85, a -66.95% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Tokyo Stock Exchange: 9405.T

Asahi Broadcasting Group Holdings Corporation

CEO	Masayuki Nishide
IPO Date	April 4, 2000
Location	Japan
Headquarters	1-1-30 Fukushima
Employees	1,722
Sector	Communication Services
Industries Publishing & Broadcasting

Description

Asahi Broadcasting Group Holdings Corporation engages in television and radio broadcasting activities in Japan and internationally. It produces network and local TV programs; broadcasts news and informational programs, as well as live radio and TV coverage of professional baseball games, golf tournaments, soccer matches, and various other sporting events; and hosts various events. The company is also involved in the mail-order, video archive, licensing, character, music production, rights management, music publication, animated content planning/production and sale, videogram sale, digital content and subtitles production, technical production agency, event planning and management, game content planning/development/management, audio and post-production, golf course management, and corporate venture capital management activities. In addition, it engages in the housing exhibition management, housing design center planning/management, advertising agency, insurance agency, and real estate operations, as well as provision of safety and security, and facility management services. The company was formerly known as Asahi Broadcasting Corporation and changed its name to Asahi Broadcasting Group Holdings Corporation in April 2018. Asahi Broadcasting Group Holdings Corporation was founded in 1951 and is headquartered in Osaka, Japan.

Key trends

Past 5 years