Alpha Purchase Balance Sheet Health
Financial Health criteria checks 5/6
Alpha Purchase has a total shareholder equity of ¥5.8B and total debt of ¥32.2M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ¥14.3B and ¥8.5B respectively. Alpha Purchase's EBIT is ¥1.2B making its interest coverage ratio -3674.9. It has cash and short-term investments of ¥3.6B.
Key information
0.6%
Debt to equity ratio
JP¥32.24m
Debt
| Interest coverage ratio | -3674.9x |
| Cash | JP¥3.56b |
| Equity | JP¥5.78b |
| Total liabilities | JP¥8.54b |
| Total assets | JP¥14.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7115's short term assets (¥11.9B) exceed its short term liabilities (¥8.5B).
Long Term Liabilities: 7115's short term assets (¥11.9B) exceed its long term liabilities (¥38.1M).
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 (1539.9%).
Interest Coverage: 7115 earns more interest than it pays, so coverage of interest payments is not a concern.