Alinco Balance Sheet Health
Financial Health criteria checks 3/6
Alinco has a total shareholder equity of ¥30.0B and total debt of ¥25.3B, which brings its debt-to-equity ratio to 84.5%. Its total assets and total liabilities are ¥67.9B and ¥38.0B respectively. Alinco's EBIT is ¥2.4B making its interest coverage ratio 1220. It has cash and short-term investments of ¥6.1B.
Key information
84.5%
Debt to equity ratio
JP¥25.32b
Debt
Interest coverage ratio | 1220x |
Cash | JP¥6.09b |
Equity | JP¥29.95b |
Total liabilities | JP¥37.98b |
Total assets | JP¥67.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5933's short term assets (¥44.0B) exceed its short term liabilities (¥22.5B).
Long Term Liabilities: 5933's short term assets (¥44.0B) exceed its long term liabilities (¥15.5B).
Debt to Equity History and Analysis
Debt Level: 5933's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: 5933's debt to equity ratio has increased from 65.8% to 84.5% over the past 5 years.
Debt Coverage: 5933's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: 5933's interest payments on its debt are well covered by EBIT (1220x coverage).