Alps Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Alps Logistics has a total shareholder equity of ¥64.0B and total debt of ¥7.0B, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are ¥100.4B and ¥36.4B respectively. Alps Logistics's EBIT is ¥5.9B making its interest coverage ratio 38.6. It has cash and short-term investments of ¥25.4B.
Key information
11.0%
Debt to equity ratio
JP¥7.03b
Debt
Interest coverage ratio | 38.6x |
Cash | JP¥25.40b |
Equity | JP¥64.02b |
Total liabilities | JP¥36.38b |
Total assets | JP¥100.40b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9055's short term assets (¥49.6B) exceed its short term liabilities (¥24.2B).
Long Term Liabilities: 9055's short term assets (¥49.6B) exceed its long term liabilities (¥12.2B).
Debt to Equity History and Analysis
Debt Level: 9055 has more cash than its total debt.
Reducing Debt: 9055's debt to equity ratio has increased from 6.1% to 11% over the past 5 years.
Debt Coverage: 9055's debt is well covered by operating cash flow (144.2%).
Interest Coverage: 9055's interest payments on its debt are well covered by EBIT (38.6x coverage).