Alpha Balance Sheet Health
Financial Health criteria checks 4/6
Alpha has a total shareholder equity of ¥1.4B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 113.7%. Its total assets and total liabilities are ¥4.3B and ¥2.9B respectively. Alpha's EBIT is ¥114.0M making its interest coverage ratio 11.4. It has cash and short-term investments of ¥1.0B.
Key information
113.7%
Debt to equity ratio
JP¥1.57b
Debt
| Interest coverage ratio | 11.4x |
| Cash | JP¥1.04b |
| Equity | JP¥1.38b |
| Total liabilities | JP¥2.89b |
| Total assets | JP¥4.27b |
Recent financial health updates
Alpha (TSE:4760) Is Making Moderate Use Of Debt
Jul 11
Is Alpha (TSE:4760) A Risky Investment?
Feb 29Here's Why Alpha (TYO:4760) Can Afford Some Debt
Apr 13Is Alpha (TYO:4760) Using Too Much Debt?
Dec 29
Recent updates
The Returns At Alpha (TSE:4760) Aren't Growing
Sep 10Alpha Co., Ltd. (TSE:4760) Not Doing Enough For Some Investors As Its Shares Slump 25%
Aug 06Alpha (TSE:4760) Is Making Moderate Use Of Debt
Jul 11Is Alpha (TSE:4760) A Risky Investment?
Feb 29Here's Why Alpha (TYO:4760) Can Afford Some Debt
Apr 13Is Alpha (TYO:4760) Using Too Much Debt?
Dec 29Financial Position Analysis
Short Term Liabilities: 4760's short term assets (¥2.4B) exceed its short term liabilities (¥1.9B).
Long Term Liabilities: 4760's short term assets (¥2.4B) exceed its long term liabilities (¥951.0M).
Debt to Equity History and Analysis
Debt Level: 4760's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: 4760's debt to equity ratio has increased from 44.7% to 113.7% over the past 5 years.
Debt Coverage: 4760's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: 4760's interest payments on its debt are well covered by EBIT (11.4x coverage).