Alpha Purchase Balance Sheet Health
Financial Health criteria checks 5/6
Alpha Purchase has a total shareholder equity of ¥5.4B and total debt of ¥76.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ¥17.1B and ¥11.7B respectively. Alpha Purchase's EBIT is ¥1.2B making its interest coverage ratio 1188. It has cash and short-term investments of ¥4.2B.
Key information
1.4%
Debt to equity ratio
JP¥76.00m
Debt
Interest coverage ratio | 1188x |
Cash | JP¥4.17b |
Equity | JP¥5.37b |
Total liabilities | JP¥11.75b |
Total assets | JP¥17.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7115's short term assets (¥14.7B) exceed its short term liabilities (¥11.7B).
Long Term Liabilities: 7115's short term assets (¥14.7B) exceed its long term liabilities (¥55.0M).
Debt to Equity History and Analysis
Debt Level: 7115 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 7115's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7115's debt is well covered by operating cash flow (1610.5%).
Interest Coverage: 7115's interest payments on its debt are well covered by EBIT (1188x coverage).