Alps Alpine Balance Sheet Health
Financial Health criteria checks 6/6
Alps Alpine has a total shareholder equity of ¥382.3B and total debt of ¥98.9B, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are ¥703.8B and ¥321.4B respectively. Alps Alpine's EBIT is ¥19.9B making its interest coverage ratio -8.4. It has cash and short-term investments of ¥85.1B.
Key information
25.9%
Debt to equity ratio
JP¥98.87b
Debt
| Interest coverage ratio | -8.4x |
| Cash | JP¥85.09b |
| Equity | JP¥382.35b |
| Total liabilities | JP¥321.41b |
| Total assets | JP¥703.75b |
Recent financial health updates
No updates
Recent updates
Alps Alpine (TSE:6770) Will Pay A Dividend Of ¥30.00
Dec 01
Alps Alpine Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models
Nov 02Alps Alpine's (TSE:6770) Upcoming Dividend Will Be Larger Than Last Year's
Sep 24Are Alps Alpine Co., Ltd. (TSE:6770) Investors Paying Above The Intrinsic Value?
Sep 17Alps Alpine's (TSE:6770) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 29Is Now An Opportune Moment To Examine Alps Alpine Co., Ltd. (TSE:6770)?
Aug 24Alps Alpine (TSE:6770) Is Paying Out A Larger Dividend Than Last Year
Aug 09Alps Alpine Co., Ltd. Just Reported A Surprise Profit And Analysts Updated Their Estimates
Aug 04Alps Alpine (TSE:6770) Is Increasing Its Dividend To ¥30.00
Jul 25Alps Alpine (TSE:6770) Is Paying Out A Larger Dividend Than Last Year
Jul 11Earnings Update: Alps Alpine Co., Ltd. (TSE:6770) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
May 12Alps Alpine Co., Ltd.'s (TSE:6770) Business Is Trailing The Industry But Its Shares Aren't
Apr 30Alps Alpine's (TSE:6770) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 09Alps Alpine (TSE:6770) Is Reducing Its Dividend To ¥10.00
Mar 12Alps Alpine (TSE:6770) Is Reducing Its Dividend To ¥10.00
Feb 27Financial Position Analysis
Short Term Liabilities: 6770's short term assets (¥448.5B) exceed its short term liabilities (¥229.9B).
Long Term Liabilities: 6770's short term assets (¥448.5B) exceed its long term liabilities (¥91.5B).
Debt to Equity History and Analysis
Debt Level: 6770's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: 6770's debt to equity ratio has reduced from 31.7% to 25.9% over the past 5 years.
Debt Coverage: 6770's debt is well covered by operating cash flow (75.5%).
Interest Coverage: 6770 earns more interest than it pays, so coverage of interest payments is not a concern.