ALCONIX Balance Sheet Health
Financial Health criteria checks 4/6
ALCONIX has a total shareholder equity of ¥68.3B and total debt of ¥70.8B, which brings its debt-to-equity ratio to 103.6%. Its total assets and total liabilities are ¥199.2B and ¥130.9B respectively. ALCONIX's EBIT is ¥5.4B making its interest coverage ratio 16.2. It has cash and short-term investments of ¥32.8B.
Key information
103.6%
Debt to equity ratio
JP¥70.78b
Debt
Interest coverage ratio | 16.2x |
Cash | JP¥32.78b |
Equity | JP¥68.30b |
Total liabilities | JP¥130.91b |
Total assets | JP¥199.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3036's short term assets (¥150.5B) exceed its short term liabilities (¥102.5B).
Long Term Liabilities: 3036's short term assets (¥150.5B) exceed its long term liabilities (¥28.4B).
Debt to Equity History and Analysis
Debt Level: 3036's net debt to equity ratio (55.6%) is considered high.
Reducing Debt: 3036's debt to equity ratio has reduced from 130% to 103.6% over the past 5 years.
Debt Coverage: 3036's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: 3036's interest payments on its debt are well covered by EBIT (16.2x coverage).