Apaman Balance Sheet Health
Financial Health criteria checks 3/6
Apaman has a total shareholder equity of ¥4.0B and total debt of ¥16.8B, which brings its debt-to-equity ratio to 426.1%. Its total assets and total liabilities are ¥33.2B and ¥29.3B respectively. Apaman's EBIT is ¥1.8B making its interest coverage ratio 9. It has cash and short-term investments of ¥7.3B.
Key information
426.1%
Debt to equity ratio
JP¥16.84b
Debt
Interest coverage ratio | 9x |
Cash | JP¥7.31b |
Equity | JP¥3.95b |
Total liabilities | JP¥29.30b |
Total assets | JP¥33.25b |
Recent financial health updates
Is Apaman (TYO:8889) A Risky Investment?
Apr 22Apaman (TYO:8889) Use Of Debt Could Be Considered Risky
Dec 09Recent updates
Is Apaman (TYO:8889) A Risky Investment?
Apr 22Looking For Steady Income For Your Dividend Portfolio? Is Apaman Co., Ltd. (TYO:8889) A Good Fit?
Mar 26What Kind Of Shareholders Hold The Majority In Apaman Co., Ltd.'s (TYO:8889) Shares?
Mar 04What Apaman Co., Ltd.'s (TYO:8889) ROE Can Tell Us
Feb 08If You Had Bought Apaman's (TYO:8889) Shares Five Years Ago You Would Be Down 58%
Jan 21Earnings Not Telling The Story For Apaman Co., Ltd. (TYO:8889)
Dec 30Apaman (TYO:8889) Use Of Debt Could Be Considered Risky
Dec 09What Kind Of Investors Own Most Of Apaman Co., Ltd. (TYO:8889)?
Nov 18Financial Position Analysis
Short Term Liabilities: 8889's short term assets (¥15.6B) exceed its short term liabilities (¥12.9B).
Long Term Liabilities: 8889's short term assets (¥15.6B) do not cover its long term liabilities (¥16.4B).
Debt to Equity History and Analysis
Debt Level: 8889's net debt to equity ratio (241.1%) is considered high.
Reducing Debt: 8889's debt to equity ratio has reduced from 648.3% to 426.1% over the past 5 years.
Debt Coverage: 8889's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: 8889's interest payments on its debt are well covered by EBIT (9x coverage).