Balance Sheet ANA Holdings Inc.

Stocks

9202

JP3429800000

Airlines

Market Closed - Japan Exchange Other stock markets 02:30:00 2026-07-14 am EDT			5-day change	1st Jan Change
3,043.00 ^JPY	+0.93%		-4.31%	+2.15%

Jul. 10	ANA Invests in AlgaleX Through Future Frontier Fund	MT
Jul. 09	ANA Revamps Domestic Fares to Curb Losses with Dynamic Pricing	MT

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Published financial data: ANA HOLDINGS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Revenues	1,020B	1,707B	2,056B	2,262B	2,539B
Total Revenues	1,020B	1,707B	2,056B	2,262B	2,539B
Cost of Goods Sold, Total	1,049B	1,404B	1,642B	1,844B	2,075B
Gross Profit	-29.09B	304B	414B	418B	464B
Selling General & Admin Expenses, Total	119B	162B	188B	206B	225B
Provision for Bad Debts	44M	37M	112M	103M	74M
Depreciation & Amortization - (IS)	25.38B	22.11B	17.78B	15.2B	21.88B
Other Operating Expenses, Total	144B	184B	206B	222B	247B
Operating Income	-173B	120B	208B	197B	217B
Interest Expense, Total	-25.34B	-24.84B	-23.32B	-23.36B	-22.59B
Interest And Investment Income	1.28B	1.93B	2.6B	6.02B	9.96B
Net Interest Expenses	-24.06B	-22.92B	-20.72B	-17.34B	-12.63B
Income (Loss) On Equity Invest.	-2.03B	801M	1.06B	1.59B	1.4B
Currency Exchange Gains (Loss)	2.54B	2.31B	4.46B	2.48B	5.14B
Other Non Operating Income (Expenses)	16.14B	7.05B	17.6B	23.14B	12.6B
EBT, Excl. Unusual Items	-181B	107B	210B	207B	224B
Gain (Loss) On Sale Of Investments	2.94B	-1.04B	-2.82B	404M	11.91B
Gain (Loss) On Sale Of Assets	15.64B	6.12B	-2.65B	-6.43B	-4.29B
Asset Writedown	-9.36B	-	-	-	-7.73B
Legal Settlements	-	-	-	-	-
Other Unusual Items	-4.06B	1.99B	-	-3.92B	-329M
EBT, Incl. Unusual Items	-175B	114B	205B	197B	224B
Income Tax Expense	-33.14B	24.24B	46.51B	42.69B	52.52B
Earnings From Continuing Operations	-142B	90.1B	158B	154B	171B
Net Income to Company	-142B	90.1B	158B	154B	171B
Minority Interest	-1.39B	-621M	-1.23B	-851M	-1.91B
Net Income - (IS)	-144B	89.48B	157B	153B	169B
Preferred Dividend and Other Adjustments	-	-	-	-	2.11B
Net Income to Common Incl Extra Items	-144B	89.48B	157B	153B	167B
Net Income to Common Excl. Extra Items	-144B	89.48B	157B	153B	167B
Per Share Items
Net EPS - Basic	-305.37	190.24	335.09	325.58	358.38
Basic EPS - Continuing Operations	-305.37	190.24	335.09	325.58	358.38
Basic Weighted Average Shares Outstanding	470M	470M	469M	470M	466M
Net EPS - Diluted	-305.37	170.16	301.62	290.72	321.17
Diluted EPS - Continuing Operations	-305.37	170.16	301.62	290.72	321.17
Diluted Weighted Average Shares Outstanding	470M	526M	521M	526M	520M
Normalized Basic EPS	-242.86	141.23	277.74	272.81	296.32
Normalized Diluted EPS	-242.86	126.32	250	243.59	265.56
Dividend Per Share	-	-	50	60	65
Payout Ratio	-	-	-	15.37	16.69
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	-13.51B	270B	352B	347B	388B
EBITA	-171B	122B	210B	199B	219B
EBIT	-173B	120B	208B	197B	217B
Effective Tax Rate - (Ratio)	18.89	21.2	22.71	21.72	23.5
Total Current Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	-114B	66.43B	130B	128B	138B
Non-Cash Pension Expense	3.85B	4.28B	3.98B	3.9B	3.79B
Supplemental Operating Expense Items
Advertising Expense	3.08B	4.58B	6.43B	7.66B	6.83B
Selling and Marketing Expenses	21.91B	46.1B	61.03B	69.82B	69.99B

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	453B	604B	601B	455B	553B
Short Term Investments	498B	580B	657B	762B	704B
Total Cash And Short Term Investments	951B	1,184B	1,258B	1,216B	1,257B
Accounts Receivable, Total	166B	201B	229B	256B	307B
Total Receivables	166B	201B	229B	256B	307B
Inventory	44.07B	44.66B	53.96B	75.84B	89.95B
Prepaid Expenses	-	-	-	-	-
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	133B	122B	160B	146B	237B
Total Current Assets	1,294B	1,551B	1,701B	1,694B	1,891B
Gross Property Plant And Equipment	-	-	-	-	-
Accumulated Depreciation	-	-	-	-	-
Net Property Plant And Equipment	1,350B	1,271B	1,331B	1,405B	1,527B
Long-term Investments	199B	186B	214B	193B	238B
Goodwill	20.23B	18.12B	16B	14B	12B
Other Intangibles, Total	73.05B	69.7B	87.91B	116B	135B
Loans Receivable Long-Term	6.85B	6.64B	6.14B	7.52B	7.43B
Deferred Tax Assets Long-Term	273B	263B	213B	191B	144B
Deferred Charges Long-Term	1.63B	997M	533M	431M	1.29B
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	3,218B	3,367B	3,570B	3,620B	3,955B
Liabilities
Accounts Payable, Total	125B	163B	229B	236B	260B
Accrued Expenses, Total	10.34B	33.69B	55.69B	60.4B	70.79B
Short-term Borrowings	100B	92.17B	84.17B	76.92B	68.95B
Current Portion of Long-Term Debt	133B	115B	144B	297B	117B
Current Portion of Leases	4.06B	3.05B	2.05B	2.23B	2.13B
Current Income Taxes Payable	2.91B	6.91B	8.02B	7.47B	37.3B
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	313B	470B	512B	597B	675B
Total Current Liabilities	688B	883B	1,035B	1,277B	1,231B
Long-Term Debt	1,507B	1,393B	1,249B	967B	978B
Long-Term Leases	5.99B	5.48B	5.23B	5.83B	4.95B
Pension & Other Post Retirement Benefits	158B	162B	161B	155B	146B
Deferred Tax Liability Non Current	1.5B	206M	505M	482M	167M
Other Non Current Liabilities	54.42B	52.94B	66.2B	75.75B	92.02B
Total Liabilities	2,415B	2,496B	2,517B	2,480B	2,452B
Common Stock, Total	468B	468B	468B	468B	468B
Additional Paid In Capital	407B	407B	404B	395B	585B
Retained Earnings	-113B	-21.13B	136B	265B	408B
Treasury Stock	-59.35B	-59.36B	-56.51B	-56.55B	-102B
Comprehensive Income and Other	94.9B	67.98B	93.38B	58.99B	133B
Total Common Equity	797B	862B	1,045B	1,130B	1,492B
Minority Interest	6.17B	7.97B	8.12B	9.78B	10.63B
Total Equity	803B	870B	1,053B	1,140B	1,503B
Total Liabilities And Equity	3,218B	3,367B	3,570B	3,620B	3,955B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	470M	470M	470M	470M	441M
ECS Total Common Shares Outstanding	470M	470M	470M	470M	454M
Book Value / Share	1.69K	1.83K	2.22K	2.41K	3.29K
Tangible Book Value	704B	775B	941B	1,000B	1,345B
Tangible Book Value Per Share	1.5K	1.65K	2K	2.13K	2.96K
Total Debt	1,750B	1,608B	1,484B	1,349B	1,172B
Net Debt	799B	424B	226B	133B	-85.24B
Debt Equivalent of Unfunded Proj. Benefit Obligation	156B	160B	157B	150B	139B
Minority Interest, Total (Incl. Fin. Div)	6.17B	7.97B	8.12B	9.78B	10.63B
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	-	-	-	-	-
Inventories - Raw Materials, Total	34.86B	35.7B	42.22B	61.32B	71.7B
Inventories - Finished Goods, Total	9.22B	8.96B	11.74B	14.52B	18.24B
Land - (BS)	-	-	-	-	-
Buildings, Total	-	-	-	-	-
Machinery, Total	-	-	-	-	-
Full Time Employees	42.2K	40.51K	41.22K	44.11K	47.83K
Accumulated Allowance for Doubtful Accounts (Supple)	245M	258M	285M	279M	323M

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	-175B	114B	205B	197B	224B
Depreciation & Amortization - CF	158B	148B	142B	149B	169B
Amortization of Goodwill and Intangible Assets - (CF)	2.12B	2.12B	2.12B	2B	2B
Depreciation & Amortization, Total	160B	150B	144B	151B	171B
(Gain) Loss From Sale Of Asset	-6.28B	-6.12B	2.65B	6.43B	12.02B
(Gain) Loss on Sale of Investments - (CF)	-2.94B	841M	2.82B	-404M	-4.75B
Asset Writedown & Restructuring Costs	-	-	-	-	-
Other Operating Activities, Total	20.22B	3.74B	-780M	-5.52B	-9.2B
Change In Accounts Receivable	-44.96B	-36.52B	-33.42B	-29.57B	-36.26B
Change In Accounts Payable	2.47B	35.61B	62.54B	-825M	20.88B
Change in Other Net Operating Assets	-29.17B	188B	37.54B	55.7B	66.24B
Cash from Operations	-76.41B	450B	421B	373B	443B
Capital Expenditure	-121B	-93.45B	-202B	-217B	-215B
Sale of Property, Plant, and Equipment	87.06B	42.72B	29.17B	17.56B	13.13B
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-12.77B	-23.44B	-38.4B	-39.07B	-47.27B
Investment in Marketable and Equity Securities, Total	277B	-128B	-186B	-98.76B	-163B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-5.6B	-37M
Other Investing Activities, Total	-727M	-2.15B	-1.8B	-919M	-2.82B
Cash from Investing	230B	-204B	-400B	-344B	-415B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	170B	-	-	15.79B	139B
Total Debt Issued	170B	-	-	15.79B	139B
Short Term Debt Repaid, Total	-	-7.9B	-8B	-7.25B	-16.22B
Long-Term Debt Repaid, Total	-72.7B	-133B	-115B	-144B	-380B
Total Debt Repaid	-72.7B	-141B	-123B	-152B	-396B
Issuance of Common Stock	-	-	-	-	194B
Repurchase of Common Stock	-16M	-15M	-9.34B	-38M	-60.73B
Common Dividends Paid	-	-	-	-23.52B	-28.22B
Common & Preferred Stock Dividends Paid	-	-	-	-23.52B	-28.22B
Other Financing Activities, Total	-3.44B	-2.22B	-4.07B	-10.84B	-7.01B
Cash from Financing	93.65B	-143B	-136B	-170B	-159B
Foreign Exchange Rate Adjustments	3.63B	2.53B	3.98B	982M	3.36B
Miscellaneous Cash Flow Adjustments	-163M	-	-	-	1.42B
Net Change in Cash	251B	105B	-111B	-140B	-126B
Supplemental Items
Cash Interest Paid	26.08B	24.99B	23.42B	23.06B	23.75B
Cash Income Tax Paid (Refund)	5.48B	3.68B	1.66B	5.56B	8.28B
Levered Free Cash Flow	-59.52B	291B	74.92B	63.9B	17.08B
Unlevered Free Cash Flow	-43.68B	307B	89.5B	78.5B	31.19B
Change In Net Working Capital	-38.27B	-198B	-55.59B	-60.87B	13.42B
Net Debt Issued / Repaid	97.1B	-141B	-123B	-136B	-257B

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	-3.37	2.28	3.75	3.42	3.59
Return on Total Capital	-4.14	2.98	5.18	4.89	5.26
Return On Equity %	-15.67	10.77	16.47	14.04	12.94
Return on Common Equity	-15.92	10.78	16.48	14.07	12.73
Margin Analysis
Gross Profit Margin %	-2.85	17.8	20.12	18.49	18.29
SG&A Margin	11.63	9.47	9.14	9.12	8.86
EBITDA Margin %	-1.32	15.84	17.14	15.35	15.3
EBITA Margin %	-16.76	7.15	10.22	8.78	8.64
EBIT Margin %	-16.97	7.03	10.11	8.69	8.56
Income From Continuing Operations Margin %	-13.94	5.28	7.7	6.8	6.73
Net Income Margin %	-14.08	5.24	7.64	6.77	6.66
Net Avail. For Common Margin %	-14.08	5.24	7.64	6.77	6.58
Normalized Net Income Margin	-11.2	3.89	6.33	5.67	5.44
Levered Free Cash Flow Margin	-5.83	17.06	3.64	2.83	0.67
Unlevered Free Cash Flow Margin	-4.28	17.97	4.35	3.47	1.23
Asset Turnover
Asset Turnover	0.32	0.52	0.59	0.63	0.67
Fixed Assets Turnover	0.73	1.3	1.58	1.65	1.73
Receivables Turnover (Average Receivables)	7.06	9.31	9.57	9.33	9.03
Inventory Turnover (Average Inventory)	25.31	31.64	33.31	28.4	25.03
Short Term Liquidity
Current Ratio	1.88	1.76	1.64	1.33	1.54
Quick Ratio	1.62	1.57	1.44	1.15	1.27
Operating Cash Flow to Current Liabilities	-0.11	0.51	0.41	0.29	0.36
Days Sales Outstanding (Average Receivables)	51.72	39.21	38.24	39.13	40.43
Days Outstanding Inventory (Average Inventory)	14.42	11.54	10.99	12.85	14.58
Average Days Payable Outstanding	49.58	37.43	43.46	45.47	43.3
Cash Conversion Cycle (Average Days)	16.56	13.32	5.76	6.51	11.71
Long Term Solvency
Total Debt/Equity	217.83	184.74	140.98	118.33	77.98
Total Debt / Total Capital	68.54	64.88	58.5	54.2	43.81
LT Debt/Equity	188.35	160.63	119.13	85.32	65.44
Long-Term Debt / Total Capital	59.26	56.41	49.44	39.08	36.77
Total Liabilities / Total Assets	75.04	74.15	70.51	68.51	62.01
EBIT / Interest Expense	-6.83	4.83	8.91	8.42	9.63
EBITDA / Interest Expense	-0.53	10.88	15.11	14.87	17.2
(EBITDA - Capex) / Interest Expense	-5.29	7.12	6.44	5.58	7.68
Total Debt / EBITDA	-129.58	5.95	4.21	3.88	3.02
Net Debt / EBITDA	-59.17	1.57	0.64	0.38	-0.22
Total Debt / (EBITDA - Capex)	-13.05	9.09	9.88	10.34	6.76
Net Debt / (EBITDA - Capex)	-5.96	2.4	1.51	1.02	-0.49
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	40.02	67.35	20.41	10.02	12.26
Gross Profit, 1 Yr. Growth %	-89.28	-1.14K	36.11	1.12	11.04
EBITDA, 1 Yr. Growth %	-95.28	-2.1K	30.3	-1.43	11.85
EBITA, 1 Yr. Growth %	-63.04	-171.43	71.95	-5.42	10.47
EBIT, 1 Yr. Growth %	-62.75	-169.33	73.22	-5.42	10.58
Earnings From Cont. Operations, 1 Yr. Growth %	-65.11	-163.34	75.73	-2.81	11.12
Net Income, 1 Yr. Growth %	-64.5	-162.3	75.57	-2.59	10.49
Normalized Net Income, 1 Yr. Growth %	-57.83	-158.15	96.03	-1.53	7.67
Diluted EPS Before Extra, 1 Yr. Growth %	-71.78	-155.72	77.26	-3.61	10.47
Accounts Receivable, 1 Yr. Growth %	35.42	20.58	14.19	11.75	19.77
Inventory, 1 Yr. Growth %	13.43	1.32	20.84	40.55	18.59
Net Property, Plant and Equip., 1 Yr. Growth %	-6.64	-5.85	4.68	5.58	8.67
Total Assets, 1 Yr. Growth %	0.33	4.61	6.02	1.42	9.25
Tangible Book Value, 1 Yr. Growth %	-21.52	10.03	21.43	6.33	34.5
Common Equity, 1 Yr. Growth %	-20.85	8.17	21.11	8.22	32
Cash From Operations, 1 Yr. Growth %	-71.75	-688.67	-6.49	-11.31	18.88
Capital Expenditures, 1 Yr. Growth %	-10.12	-22.51	116.23	7.32	-0.84
Levered Free Cash Flow, 1 Yr. Growth %	-80.1	-589.57	-74.29	-14.71	-73.28
Unlevered Free Cash Flow, 1 Yr. Growth %	-84.87	-802.66	-70.84	-12.29	-60.26
Dividend Per Share, 1 Yr. Growth %	-	-	-	20	8.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-28.11	53.08	41.95	15.09	11.13
Gross Profit, 2 Yr. CAGR %	-72.72	5.84	277.1	17.32	5.96
EBITDA, 2 Yr. CAGR %	-76.3	-2.82	410.76	13.33	5
EBITA, 2 Yr. CAGR %	62.44	-48.62	10.82	27.52	2.22
EBIT, 2 Yr. CAGR %	68.74	-49.18	9.59	27.99	2.27
Earnings From Cont. Operations, 2 Yr. CAGR %	134.26	-52.99	5.5	30.69	3.92
Net Income, 2 Yr. CAGR %	127.89	-52.97	4.58	30.78	3.74
Normalized Net Income, 2 Yr. CAGR %	70.56	-50.48	6.77	38.94	2.97
Diluted EPS Before Extra, 2 Yr. CAGR %	92.2	-60.34	-0.62	30.71	3.19
Accounts Receivable, 2 Yr. CAGR %	17.18	27.78	17.34	12.97	15.69
Inventory, 2 Yr. CAGR %	-19.08	7.2	10.65	30.32	29.11
Net Property, Plant and Equip., 2 Yr. CAGR %	-7.56	-6.24	-0.73	5.12	7.11
Total Assets, 2 Yr. CAGR %	12.12	2.45	5.31	3.7	5.26
Tangible Book Value, 2 Yr. CAGR %	-13.25	-7.08	15.59	13.63	19.59
Common Equity, 2 Yr. CAGR %	-13.32	-7.47	14.46	14.48	19.52
Cash From Operations, 2 Yr. CAGR %	-23.38	28.97	134.62	-8.93	2.68
Capital Expenditures, 2 Yr. CAGR %	-38.38	-16.54	29.45	52.33	3.16
Levered Free Cash Flow, 2 Yr. CAGR %	-47.29	-1.3	12.2	-53.17	-52.26
Unlevered Free Cash Flow, 2 Yr. CAGR %	-54.42	3.11	43.14	-49.43	-40.96
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	14.02
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-20.86	-4.72	41.3	30.39	14.14
Gross Profit, 3 Yr. CAGR %	-61.21	-8.04	15.1	143.18	15.19
EBITDA, 3 Yr. CAGR %	-65.49	3.98	7.16	195.16	12.83
EBITA, 3 Yr. CAGR %	0.39	23.52	-23.15	5.12	21.57
EBIT, 3 Yr. CAGR %	1.61	25.44	-23.52	4.34	21.9
Earnings From Cont. Operations, 3 Yr. CAGR %	8.35	51.48	-27.04	2.66	23.81
Net Income, 3 Yr. CAGR %	9.04	47.9	-27.05	2.14	23.63
Normalized Net Income, 3 Yr. CAGR %	3.64	19.15	-21.66	3.93	27.62
Diluted EPS Before Extra, 3 Yr. CAGR %	-2.65	27.21	-34.68	-1.63	23.58
Accounts Receivable, 3 Yr. CAGR %	-6.99	18.3	23.08	15.45	15.19
Inventory, 3 Yr. CAGR %	-10.81	-12.78	11.57	19.83	26.29
Net Property, Plant and Equip., 3 Yr. CAGR %	-4.43	-7	-2.74	1.33	6.29
Total Assets, 3 Yr. CAGR %	6.2	9.56	3.62	4	5.52
Tangible Book Value, 3 Yr. CAGR %	-9.32	-6.1	1.59	12.42	20.2
Common Equity, 3 Yr. CAGR %	-10.16	-6.68	1.22	12.34	20.05
Cash From Operations, 3 Yr. CAGR %	-36.34	51.19	15.86	69.64	-0.47
Capital Expenditures, 3 Yr. CAGR %	-28.99	-33.49	14.62	21.61	32.02
Levered Free Cash Flow, 3 Yr. CAGR %	-16.3	10.8	-36.96	2.4	-61.16
Unlevered Free Cash Flow, 3 Yr. CAGR %	-23.39	13.44	-32.32	21.58	-53.33
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-10.38	-2.84	-0.02	2.76	28.36
Gross Profit, 5 Yr. CAGR %	-41.93	-9.11	-3.66	1.37	11.35
EBITDA, 5 Yr. CAGR %	-45.7	-3.25	1.41	7.62	6.29
EBITA, 5 Yr. CAGR %	3.25	-6.24	4.44	25.11	-13.86
EBIT, 5 Yr. CAGR %	3.53	-6.11	4.73	26.46	-14.1
Earnings From Cont. Operations, 5 Yr. CAGR %	7.45	-9.16	7.2	42.79	-15.95
Net Income, 5 Yr. CAGR %	7.76	-9.06	7.24	40.8	-16.01
Normalized Net Income, 5 Yr. CAGR %	5.41	-7.71	4.88	26.7	-12.61
Diluted EPS Before Extra, 5 Yr. CAGR %	1.58	-16.44	-1.84	28.6	-21.57
Accounts Receivable, 5 Yr. CAGR %	-2.37	0.02	2.07	16.14	20.07
Inventory, 5 Yr. CAGR %	-7.45	-6.49	-2.78	2.42	18.28
Net Property, Plant and Equip., 5 Yr. CAGR %	-0.15	-2.37	-2.97	-2.33	1.09
Total Assets, 5 Yr. CAGR %	6.82	5.61	5.84	7.18	4.28
Tangible Book Value, 5 Yr. CAGR %	-3.24	-1.45	-0.08	1.35	8.44
Common Equity, 5 Yr. CAGR %	-2.81	-2.7	-1.02	1.27	8.18
Cash From Operations, 5 Yr. CAGR %	-20.26	7.32	7.27	23.44	10.4
Capital Expenditures, 5 Yr. CAGR %	-11.72	-18.85	-9.71	-7.35	9.89
Levered Free Cash Flow, 5 Yr. CAGR %	-0.14	127.01	-5.89	-21.49	-43.6
Unlevered Free Cash Flow, 5 Yr. CAGR %	-4.08	249.39	-1.62	-17.89	-35.92
Dividend Per Share, 5 Yr. CAGR %	-	-	-7.79	-	-