ITOCHU Balance Sheet Health
Financial Health criteria checks 5/6
ITOCHU has a total shareholder equity of ¥5,992.1B and total debt of ¥3,357.6B, which brings its debt-to-equity ratio to 56%. Its total assets and total liabilities are ¥14,489.7B and ¥8,497.6B respectively. ITOCHU's EBIT is ¥702.9B making its interest coverage ratio -20.3. It has cash and short-term investments of ¥689.1B.
Key information
56.0%
Debt to equity ratio
JP¥3.36t
Debt
Interest coverage ratio | -20.3x |
Cash | JP¥689.06b |
Equity | JP¥5.99t |
Total liabilities | JP¥8.50t |
Total assets | JP¥14.49t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IOC0's short term assets (¥5,623.8B) exceed its short term liabilities (¥4,342.4B).
Long Term Liabilities: IOC0's short term assets (¥5,623.8B) exceed its long term liabilities (¥4,155.2B).
Debt to Equity History and Analysis
Debt Level: IOC0's net debt to equity ratio (44.5%) is considered high.
Reducing Debt: IOC0's debt to equity ratio has reduced from 80.9% to 56% over the past 5 years.
Debt Coverage: IOC0's debt is well covered by operating cash flow (29.1%).
Interest Coverage: IOC0 earns more interest than it pays, so coverage of interest payments is not a concern.