Ten AlliedLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ten AlliedLtd has a total shareholder equity of ¥2.2B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 114.5%. Its total assets and total liabilities are ¥7.1B and ¥4.9B respectively. Ten AlliedLtd's EBIT is ¥286.0M making its interest coverage ratio 9.5. It has cash and short-term investments of ¥2.9B.
Key information
114.5%
Debt to equity ratio
JP¥2.48b
Debt
| Interest coverage ratio | 9.5x |
| Cash | JP¥2.94b |
| Equity | JP¥2.17b |
| Total liabilities | JP¥4.90b |
| Total assets | JP¥7.07b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8207's short term assets (¥3.6B) exceed its short term liabilities (¥2.9B).
Long Term Liabilities: 8207's short term assets (¥3.6B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 8207 has more cash than its total debt.
Reducing Debt: 8207's debt to equity ratio has increased from 3.5% to 114.5% over the past 5 years.
Debt Coverage: 8207's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: 8207's interest payments on its debt are well covered by EBIT (9.5x coverage).