Ten AlliedLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ten AlliedLtd has a total shareholder equity of ¥2.7B and total debt of ¥2.8B, which brings its debt-to-equity ratio to 102.5%. Its total assets and total liabilities are ¥8.2B and ¥5.5B respectively. Ten AlliedLtd's EBIT is ¥177.0M making its interest coverage ratio 5.9. It has cash and short-term investments of ¥3.9B.
Key information
102.5%
Debt to equity ratio
JP¥2.81b
Debt
Interest coverage ratio | 5.9x |
Cash | JP¥3.93b |
Equity | JP¥2.74b |
Total liabilities | JP¥5.46b |
Total assets | JP¥8.20b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8207's short term assets (¥4.7B) exceed its short term liabilities (¥3.4B).
Long Term Liabilities: 8207's short term assets (¥4.7B) 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 5.8% to 102.5% over the past 5 years.
Debt Coverage: 8207's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: 8207's interest payments on its debt are well covered by EBIT (5.9x coverage).