ITOCHU Balance Sheet Health
Financial Health criteria checks 5/6
ITOCHU has a total shareholder equity of ¥5,669.7B and total debt of ¥3,319.9B, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are ¥14,359.6B and ¥8,689.9B respectively. ITOCHU's EBIT is ¥666.6B making its interest coverage ratio -20.7. It has cash and short-term investments of ¥660.7B.
Key information
58.6%
Debt to equity ratio
JP¥3.32t
Debt
Interest coverage ratio | -20.7x |
Cash | JP¥660.74b |
Equity | JP¥5.67t |
Total liabilities | JP¥8.69t |
Total assets | JP¥14.36t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IOC's short term assets (¥5,803.4B) exceed its short term liabilities (¥4,755.2B).
Long Term Liabilities: IOC's short term assets (¥5,803.4B) exceed its long term liabilities (¥3,934.8B).
Debt to Equity History and Analysis
Debt Level: IOC's net debt to equity ratio (46.9%) is considered high.
Reducing Debt: IOC's debt to equity ratio has reduced from 92.2% to 58.6% over the past 5 years.
Debt Coverage: IOC's debt is well covered by operating cash flow (28%).
Interest Coverage: IOC earns more interest than it pays, so coverage of interest payments is not a concern.