Alphax Food System Balance Sheet Health
Financial Health criteria checks 2/6
Alphax Food System has a total shareholder equity of ¥75.0M and total debt of ¥1.1B, which brings its debt-to-equity ratio to 1498.7%. Its total assets and total liabilities are ¥1.4B and ¥1.4B respectively. Alphax Food System's EBIT is ¥73.0M making its interest coverage ratio 5.6. It has cash and short-term investments of ¥196.0M.
Key information
1,498.7%
Debt to equity ratio
JP¥1.12b
Debt
| Interest coverage ratio | 5.6x |
| Cash | JP¥196.00m |
| Equity | JP¥75.00m |
| Total liabilities | JP¥1.37b |
| Total assets | JP¥1.44b |
Financial Position Analysis
Short Term Liabilities: 3814's short term assets (¥603.0M) do not cover its short term liabilities (¥698.0M).
Long Term Liabilities: 3814's short term assets (¥603.0M) do not cover its long term liabilities (¥671.0M).
Debt to Equity History and Analysis
Debt Level: 3814's net debt to equity ratio (1237.3%) is considered high.
Reducing Debt: 3814's debt to equity ratio has increased from 135.7% to 1498.7% over the past 5 years.
Debt Coverage: 3814's debt is well covered by operating cash flow (39.7%).
Interest Coverage: 3814's interest payments on its debt are well covered by EBIT (5.6x coverage).