ALCONIX Balance Sheet Health
Financial Health criteria checks 4/6
ALCONIX has a total shareholder equity of ¥71.0B and total debt of ¥60.2B, which brings its debt-to-equity ratio to 84.8%. Its total assets and total liabilities are ¥196.4B and ¥125.4B respectively. ALCONIX's EBIT is ¥5.9B making its interest coverage ratio 422.1. It has cash and short-term investments of ¥23.3B.
Key information
84.8%
Debt to equity ratio
JP¥60.18b
Debt
| Interest coverage ratio | 422.1x |
| Cash | JP¥23.33b |
| Equity | JP¥70.98b |
| Total liabilities | JP¥125.40b |
| Total assets | JP¥196.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3036's short term assets (¥143.9B) exceed its short term liabilities (¥99.1B).
Long Term Liabilities: 3036's short term assets (¥143.9B) exceed its long term liabilities (¥26.3B).
Debt to Equity History and Analysis
Debt Level: 3036's net debt to equity ratio (51.9%) is considered high.
Reducing Debt: 3036's debt to equity ratio has reduced from 137.2% to 84.8% over the past 5 years.
Debt Coverage: 3036's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 3036's interest payments on its debt are well covered by EBIT (422.1x coverage).