Abalance Balance Sheet Health
Financial Health criteria checks 6/6
Abalance has a total shareholder equity of ¥42.4B and total debt of ¥44.4B, which brings its debt-to-equity ratio to 104.7%. Its total assets and total liabilities are ¥150.2B and ¥107.7B respectively. Abalance's EBIT is ¥23.3B making its interest coverage ratio 21.3. It has cash and short-term investments of ¥58.2B.
Key information
104.7%
Debt to equity ratio
JP¥44.44b
Debt
| Interest coverage ratio | 21.3x |
| Cash | JP¥58.25b |
| Equity | JP¥42.43b |
| Total liabilities | JP¥107.74b |
| Total assets | JP¥150.17b |
Recent financial health updates
No updates
Recent updates
Further Upside For Abalance Corporation (TSE:3856) Shares Could Introduce Price Risks After 31% Bounce
Sep 01
We 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 (¥89.2B) exceed its short term liabilities (¥83.3B).
Long Term Liabilities: 3856's short term assets (¥89.2B) exceed its long term liabilities (¥24.5B).
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 191.6% to 104.7% over the past 5 years.
Debt Coverage: 3856's debt is well covered by operating cash flow (100.7%).
Interest Coverage: 3856's interest payments on its debt are well covered by EBIT (21.3x coverage).