AppliedLtd Balance Sheet Health
Financial Health criteria checks 6/6
AppliedLtd has a total shareholder equity of ¥10.4B and total debt of ¥652.0M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are ¥18.1B and ¥7.7B respectively. AppliedLtd's EBIT is ¥2.1B making its interest coverage ratio 531.3. It has cash and short-term investments of ¥3.8B.
Key information
6.3%
Debt to equity ratio
JP¥652.00m
Debt
Interest coverage ratio | 531.3x |
Cash | JP¥3.77b |
Equity | JP¥10.42b |
Total liabilities | JP¥7.66b |
Total assets | JP¥18.07b |
Recent financial health updates
Does AppliedLtd (TYO:3020) Have A Healthy Balance Sheet?
Apr 30We Think AppliedLtd (TYO:3020) Can Manage Its Debt With Ease
Jan 20Recent updates
There's No Escaping Applied Co.,Ltd.'s (TSE:3020) Muted Earnings
Aug 06AppliedLtd (TSE:3020) Is Posting Promising Earnings But The Good News Doesn’t Stop There
May 22Does AppliedLtd (TYO:3020) Have A Healthy Balance Sheet?
Apr 30Returns On Capital - An Important Metric For AppliedLtd (TYO:3020)
Mar 07Why Applied Co.,Ltd. (TYO:3020) Should Be In Your Dividend Portfolio
Feb 04We Think AppliedLtd (TYO:3020) Can Manage Its Debt With Ease
Jan 20AppliedLtd (TYO:3020) Has Gifted Shareholders With A Fantastic 141% Total Return On Their Investment
Jan 05Applied Co., Ltd.'s (TYO:3020) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Dec 21Does Applied (TYO:3020) Have The DNA Of A Multi-Bagger?
Dec 06Applied's (TYO:3020) Earnings Are Growing But Is There More To The Story?
Nov 21Financial Position Analysis
Short Term Liabilities: 3020's short term assets (¥12.4B) exceed its short term liabilities (¥6.8B).
Long Term Liabilities: 3020's short term assets (¥12.4B) exceed its long term liabilities (¥818.0M).
Debt to Equity History and Analysis
Debt Level: 3020 has more cash than its total debt.
Reducing Debt: 3020's debt to equity ratio has reduced from 71.4% to 6.3% over the past 5 years.
Debt Coverage: 3020's debt is well covered by operating cash flow (218.9%).
Interest Coverage: 3020's interest payments on its debt are well covered by EBIT (531.3x coverage).