Asahi Rubber Inc

Asahi Rubber Inc reports a liquidity position with a current ratio of 1.79, indicating the company can cover its short-term liabilities with its short-term assets. The company holds JPY 1,968,019,000 in cash and equivalents, which is a significant portion of its total assets of JPY 9,299,013,000. However, the company's free cash flow is negative at JPY -745,488,000, driven by capital expenditures of JPY -931,304,000 [doc:HA-latest]. The company's profitability is under pressure, with a net loss of JPY -236,038,000 and an operating loss of JPY -300,122,000. Return on equity is negative at -4.84%, and return on assets is also negative at -2.54%. These metrics are below the industry median for profitability, indicating a challenging operating environment [doc:HA-latest]. Asahi Rubber Inc operates in two segments: Industrial Rubber and Medical and Sanitary Rubber. The Industrial Rubber segment serves a broad range of industries, including automobiles, mobile communications, and industrial equipment. The Medical and Sanitary Rubber segment provides products for healthcare and hygiene. The company's revenue is not heavily concentrated in any single geographic region, but its operations are primarily based in Japan [doc:HA-latest]. The company's revenue for the latest period was JPY 7,639,596,000, slightly below the mean analyst estimate of JPY 7,700,000,000. The company's earnings per share were JPY -51.74, significantly below the mean estimate of JPY 32.90. The outlook for the current fiscal year is uncertain, with no clear direction provided in the data. The company's capital expenditures suggest a focus on maintaining or expanding its production capabilities [doc:HA-latest]. The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company's debt-to-equity ratio is 0.39, suggesting a relatively conservative capital structure. However, the negative operating and net income raise concerns about the company's ability to service its debt and generate returns for shareholders [doc:HA-latest]. Recent financial filings and transcripts do not indicate any major events or strategic shifts. The company's performance is in line with its historical trends, with no significant deviations in the latest financial data. The absence of immediate liquidity or dilution flags suggests the company is managing its financial obligations without external pressures [doc:HA-latest].