Iida Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Iida Group Holdings has a total shareholder equity of ¥967.7B and total debt of ¥616.3B, which brings its debt-to-equity ratio to 63.7%. Its total assets and total liabilities are ¥1,818.6B and ¥850.9B respectively. Iida Group Holdings's EBIT is ¥62.7B making its interest coverage ratio 3.5. It has cash and short-term investments of ¥380.4B.
Key information
63.7%
Debt to equity ratio
JP¥616.26b
Debt
Interest coverage ratio | 3.5x |
Cash | JP¥380.45b |
Equity | JP¥967.72b |
Total liabilities | JP¥850.91b |
Total assets | JP¥1.82t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IIO's short term assets (¥1,310.8B) exceed its short term liabilities (¥495.3B).
Long Term Liabilities: IIO's short term assets (¥1,310.8B) exceed its long term liabilities (¥355.6B).
Debt to Equity History and Analysis
Debt Level: IIO's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: IIO's debt to equity ratio has increased from 51.5% to 63.7% over the past 5 years.
Debt Coverage: IIO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IIO's interest payments on its debt are well covered by EBIT (3.5x coverage).