Appier Group Balance Sheet Health
Financial Health criteria checks 6/6
Appier Group has a total shareholder equity of ¥31.2B and total debt of ¥600.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ¥39.6B and ¥8.4B respectively. Appier Group's EBIT is ¥643.0M making its interest coverage ratio -1.4. It has cash and short-term investments of ¥19.0B.
Key information
1.9%
Debt to equity ratio
JP¥600.00m
Debt
Interest coverage ratio | -1.4x |
Cash | JP¥19.01b |
Equity | JP¥31.21b |
Total liabilities | JP¥8.38b |
Total assets | JP¥39.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APPI.F's short term assets (¥25.6B) exceed its short term liabilities (¥6.3B).
Long Term Liabilities: APPI.F's short term assets (¥25.6B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: APPI.F has more cash than its total debt.
Reducing Debt: APPI.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: APPI.F's debt is well covered by operating cash flow (404%).
Interest Coverage: APPI.F earns more interest than it pays, so coverage of interest payments is not a concern.