Abalance Balance Sheet Health
Financial Health criteria checks 6/6
Abalance has a total shareholder equity of ¥38.9B and total debt of ¥32.1B, which brings its debt-to-equity ratio to 82.7%. Its total assets and total liabilities are ¥125.7B and ¥86.9B respectively. Abalance's EBIT is ¥19.9B making its interest coverage ratio 20.2. It has cash and short-term investments of ¥37.4B.
Key information
82.7%
Debt to equity ratio
JP¥32.13b
Debt
| Interest coverage ratio | 20.2x |
| Cash | JP¥37.40b |
| Equity | JP¥38.85b |
| Total liabilities | JP¥86.88b |
| Total assets | JP¥125.73b |
Recent financial health updates
No updates
Recent updates
Abalance (TSE:3856) Is Paying Out A Dividend Of ¥3.00
Dec 06
Further Upside For Abalance Corporation (TSE:3856) Shares Could Introduce Price Risks After 31% Bounce
Sep 01We Think Abalance's (TSE:3856) Solid Earnings Are Understated
Aug 21Market Cool On Abalance Corporation's (TSE:3856) Earnings Pushing Shares 25% Lower
Apr 15Abalance (TSE:3856) Is Achieving High Returns On Its Capital
Apr 04Market Cool On Abalance Corporation's (TSE:3856) Revenues Pushing Shares 27% Lower
Feb 27Financial Position Analysis
Short Term Liabilities: 3856's short term assets (¥69.3B) exceed its short term liabilities (¥63.8B).
Long Term Liabilities: 3856's short term assets (¥69.3B) exceed its long term liabilities (¥23.1B).
Debt to Equity History and Analysis
Debt Level: 3856 has more cash than its total debt.
Reducing Debt: 3856's debt to equity ratio has reduced from 186.3% to 82.7% over the past 5 years.
Debt Coverage: 3856's debt is well covered by operating cash flow (139.3%).
Interest Coverage: 3856's interest payments on its debt are well covered by EBIT (20.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Abalance Corporation is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Koichi Hariya | Ichiyoshi Research Institute Inc. |