Altech Balance Sheet Health
Financial Health criteria checks 3/6
Altech has a total shareholder equity of ¥12.4B and total debt of ¥4.8B, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are ¥22.8B and ¥10.4B respectively.
Key information
38.9%
Debt to equity ratio
JP¥4.84b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥4.80b |
| Equity | JP¥12.44b |
| Total liabilities | JP¥10.38b |
| Total assets | JP¥22.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9972's short term assets (¥15.1B) exceed its short term liabilities (¥8.5B).
Long Term Liabilities: 9972's short term assets (¥15.1B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 9972's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: 9972's debt to equity ratio has increased from 6.4% to 38.9% over the past 5 years.
Debt Coverage: 9972's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 9972's interest payments on its debt are well covered by EBIT.