ITOCHU Balance Sheet Health
Financial Health criteria checks 5/6
ITOCHU has a total shareholder equity of ¥6,135.0B and total debt of ¥3,233.8B, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are ¥14,388.9B and ¥8,253.9B respectively. ITOCHU's EBIT is ¥718.7B making its interest coverage ratio -16.5. It has cash and short-term investments of ¥683.3B.
Key information
52.7%
Debt to equity ratio
JP¥3.23t
Debt
| Interest coverage ratio | -16.5x |
| Cash | JP¥683.33b |
| Equity | JP¥6.14t |
| Total liabilities | JP¥8.25t |
| Total assets | JP¥14.39t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IOC's short term assets (¥5,548.2B) exceed its short term liabilities (¥4,223.9B).
Long Term Liabilities: IOC's short term assets (¥5,548.2B) exceed its long term liabilities (¥4,030.0B).
Debt to Equity History and Analysis
Debt Level: IOC's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: IOC's debt to equity ratio has reduced from 78% to 52.7% over the past 5 years.
Debt Coverage: IOC's debt is well covered by operating cash flow (33.6%).
Interest Coverage: IOC earns more interest than it pays, so coverage of interest payments is not a concern.