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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 ratio | 10.1x |
Cash | JP¥7.95b |
Equity | JP¥4.25b |
Total liabilities | JP¥28.59b |
Total assets | JP¥32.84b |
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
Apaman Co., Ltd.'s (TSE:8889) 26% Share Price Surge Not Quite Adding Up
Aug 06Is 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 (¥15.5B) 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).