Apple International Balance Sheet Health
Financial Health criteria checks 4/6
Apple International has a total shareholder equity of ¥9.2B and total debt of ¥8.3B, which brings its debt-to-equity ratio to 90.1%. Its total assets and total liabilities are ¥19.4B and ¥10.2B respectively. Apple International's EBIT is ¥1.2B making its interest coverage ratio 25.6. It has cash and short-term investments of ¥2.9B.
Key information
90.1%
Debt to equity ratio
JP¥8.31b
Debt
| Interest coverage ratio | 25.6x |
| Cash | JP¥2.91b |
| Equity | JP¥9.22b |
| Total liabilities | JP¥10.18b |
| Total assets | JP¥19.40b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2788's short term assets (¥17.2B) exceed its short term liabilities (¥8.0B).
Long Term Liabilities: 2788's short term assets (¥17.2B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 2788's net debt to equity ratio (58.5%) is considered high.
Reducing Debt: 2788's debt to equity ratio has reduced from 92.8% to 90.1% over the past 5 years.
Debt Coverage: 2788's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2788's interest payments on its debt are well covered by EBIT (25.6x coverage).