ALPHA Balance Sheet Health
Financial Health criteria checks 5/6
ALPHA has a total shareholder equity of ¥35.2B and total debt of ¥16.2B, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are ¥67.9B and ¥32.7B respectively. ALPHA's EBIT is ¥2.4B making its interest coverage ratio 19.2. It has cash and short-term investments of ¥9.8B.
Key information
46.1%
Debt to equity ratio
JP¥16.23b
Debt
Interest coverage ratio | 19.2x |
Cash | JP¥9.80b |
Equity | JP¥35.22b |
Total liabilities | JP¥32.72b |
Total assets | JP¥67.95b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3434's short term assets (¥39.9B) exceed its short term liabilities (¥23.9B).
Long Term Liabilities: 3434's short term assets (¥39.9B) exceed its long term liabilities (¥8.8B).
Debt to Equity History and Analysis
Debt Level: 3434's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: 3434's debt to equity ratio has increased from 43.8% to 46.1% over the past 5 years.
Debt Coverage: 3434's debt is well covered by operating cash flow (43.8%).
Interest Coverage: 3434's interest payments on its debt are well covered by EBIT (19.2x coverage).