Alphax Food System Balance Sheet Health
Financial Health criteria checks 2/6
Alphax Food System has a total shareholder equity of ¥43.0M and total debt of ¥1.1B, which brings its debt-to-equity ratio to 2648.8%. Its total assets and total liabilities are ¥1.5B and ¥1.4B respectively. Alphax Food System's EBIT is ¥36.0M making its interest coverage ratio 2.6. It has cash and short-term investments of ¥110.0M.
Key information
2,648.8%
Debt to equity ratio
JP¥1.14b
Debt
| Interest coverage ratio | 2.6x |
| Cash | JP¥110.00m |
| Equity | JP¥43.00m |
| Total liabilities | JP¥1.43b |
| Total assets | JP¥1.48b |
Financial Position Analysis
Short Term Liabilities: 3814's short term assets (¥650.0M) do not cover its short term liabilities (¥699.0M).
Long Term Liabilities: 3814's short term assets (¥650.0M) do not cover its long term liabilities (¥734.0M).
Debt to Equity History and Analysis
Debt Level: 3814's net debt to equity ratio (2393%) is considered high.
Reducing Debt: 3814's debt to equity ratio has increased from 183.9% to 2648.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3814 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3814 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.8% per year.