Alps Alpine Balance Sheet Health
Financial Health criteria checks 5/6
Alps Alpine has a total shareholder equity of ¥383.3B and total debt of ¥118.9B, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are ¥725.1B and ¥341.7B respectively. Alps Alpine's EBIT is ¥19.6B making its interest coverage ratio -16.3. It has cash and short-term investments of ¥96.3B.
Key information
31.0%
Debt to equity ratio
JP¥118.91b
Debt
Interest coverage ratio | -16.3x |
Cash | JP¥96.28b |
Equity | JP¥383.33b |
Total liabilities | JP ¥341.73b |
Total assets | JP¥725.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APEL.Y's short term assets (¥472.4B) exceed its short term liabilities (¥264.2B).
Long Term Liabilities: APEL.Y's short term assets (¥472.4B) exceed its long term liabilities (¥77.5B).
Debt to Equity History and Analysis
Debt Level: APEL.Y's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: APEL.Y's debt to equity ratio has increased from 17.3% to 31% over the past 5 years.
Debt Coverage: APEL.Y's debt is well covered by operating cash flow (38.3%).
Interest Coverage: APEL.Y earns more interest than it pays, so coverage of interest payments is not a concern.