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Apaman Balance Sheet Health

Financial Health criteria checks 4/6

Apaman has a total shareholder equity of ¥4.3B and total debt of ¥15.8B, which brings its debt-to-equity ratio to 371.2%. Its total assets and total liabilities are ¥32.8B and ¥28.6B respectively. Apaman's EBIT is ¥1.9B making its interest coverage ratio 10.1. It has cash and short-term investments of ¥8.0B.

Key information

371.2%

Debt to equity ratio

JP¥15.78b

Debt

Interest coverage ratio10.1x
CashJP¥7.95b
EquityJP¥4.25b
Total liabilitiesJP¥28.59b
Total assetsJP¥32.84b

Recent financial health updates

Is Apaman (TYO:8889) A Risky Investment?

Apr 22
Is Apaman (TYO:8889) A Risky Investment?

Apaman (TYO:8889) Use Of Debt Could Be Considered Risky

Dec 09
Apaman (TYO:8889) Use Of Debt Could Be Considered Risky

Recent updates

Apaman Co., Ltd.'s (TSE:8889) 26% Share Price Surge Not Quite Adding Up

Aug 06
Apaman Co., Ltd.'s (TSE:8889) 26% Share Price Surge Not Quite Adding Up

Is Apaman (TYO:8889) A Risky Investment?

Apr 22
Is Apaman (TYO:8889) A Risky Investment?

Looking For Steady Income For Your Dividend Portfolio? Is Apaman Co., Ltd. (TYO:8889) A Good Fit?

Mar 26
Looking For Steady Income For Your Dividend Portfolio? Is Apaman Co., Ltd. (TYO:8889) A Good Fit?

What Kind Of Shareholders Hold The Majority In Apaman Co., Ltd.'s (TYO:8889) Shares?

Mar 04
What Kind Of Shareholders Hold The Majority In Apaman Co., Ltd.'s (TYO:8889) Shares?

What Apaman Co., Ltd.'s (TYO:8889) ROE Can Tell Us

Feb 08
What Apaman Co., Ltd.'s (TYO:8889) ROE Can Tell Us

If You Had Bought Apaman's (TYO:8889) Shares Five Years Ago You Would Be Down 58%

Jan 21
If You Had Bought Apaman's (TYO:8889) Shares Five Years Ago You Would Be Down 58%

Earnings Not Telling The Story For Apaman Co., Ltd. (TYO:8889)

Dec 30
Earnings Not Telling The Story For Apaman Co., Ltd. (TYO:8889)

Apaman (TYO:8889) Use Of Debt Could Be Considered Risky

Dec 09
Apaman (TYO:8889) Use Of Debt Could Be Considered Risky

What Kind Of Investors Own Most Of Apaman Co., Ltd. (TYO:8889)?

Nov 18
What Kind Of Investors Own Most Of Apaman Co., Ltd. (TYO:8889)?

Financial Position Analysis

Short Term Liabilities: 8889's short term assets (¥15.5B) exceed its short term liabilities (¥13.6B).

Long Term Liabilities: 8889's short term assets (¥15.5B) exceed its long term liabilities (¥15.0B).


Debt to Equity History and Analysis

Debt Level: 8889's net debt to equity ratio (184.2%) is considered high.

Reducing Debt: 8889's debt to equity ratio has reduced from 415.7% to 371.2% over the past 5 years.

Debt Coverage: 8889's debt is not well covered by operating cash flow (12.4%).

Interest Coverage: 8889's interest payments on its debt are well covered by EBIT (10.1x coverage).


Balance Sheet


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