Alpha Group Balance Sheet Health
Financial Health criteria checks 6/6
Alpha Group has a total shareholder equity of ¥4.8B and total debt of ¥1.4B, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are ¥8.7B and ¥3.8B respectively. Alpha Group's EBIT is ¥613.0M making its interest coverage ratio -29.2. It has cash and short-term investments of ¥1.8B.
Key information
29.1%
Debt to equity ratio
JP¥1.40b
Debt
| Interest coverage ratio | -29.2x |
| Cash | JP¥1.81b |
| Equity | JP¥4.82b |
| Total liabilities | JP¥3.85b |
| Total assets | JP¥8.67b |
Recent financial health updates
Is Alpha Group (TYO:3322) Using Too Much Debt?
Mar 04
Alpha Group (TYO:3322) Seems To Use Debt Quite Sensibly
Nov 26Recent updates
Investors Could Be Concerned With Alpha Group's (TYO:3322) Returns On Capital
Apr 20Is Alpha Group (TYO:3322) Using Too Much Debt?
Mar 04Is Alpha Group Inc.'s (TYO:3322) Stock Price Struggling As A Result Of Its Mixed Financials?
Feb 06
Here's What We Make Of Alpha Group's (TYO:3322) Returns On Capital
Jan 18Is Alpha Group Inc.'s (TYO:3322) 1.0% Dividend Worth Your Time?
Dec 31Are Alpha Group's (TYO:3322) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 13Alpha Group (TYO:3322) Seems To Use Debt Quite Sensibly
Nov 26Financial Position Analysis
Short Term Liabilities: 3322's short term assets (¥6.1B) exceed its short term liabilities (¥3.0B).
Long Term Liabilities: 3322's short term assets (¥6.1B) exceed its long term liabilities (¥815.0M).
Debt to Equity History and Analysis
Debt Level: 3322 has more cash than its total debt.
Reducing Debt: 3322's debt to equity ratio has reduced from 81.4% to 29.1% over the past 5 years.
Debt Coverage: 3322's debt is well covered by operating cash flow (44.7%).
Interest Coverage: 3322 earns more interest than it pays, so coverage of interest payments is not a concern.