Iida Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Iida Group Holdings has a total shareholder equity of ¥982.5B and total debt of ¥628.0B, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are ¥1,837.5B and ¥855.0B respectively. Iida Group Holdings's EBIT is ¥59.9B making its interest coverage ratio 7.8. It has cash and short-term investments of ¥457.6B.
Key information
63.9%
Debt to equity ratio
JP¥628.02b
Debt
| Interest coverage ratio | 7.8x |
| Cash | JP¥457.55b |
| Equity | JP¥982.51b |
| Total liabilities | JP¥854.97b |
| Total assets | JP¥1.84t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IIO's short term assets (¥1,329.1B) exceed its short term liabilities (¥447.5B).
Long Term Liabilities: IIO's short term assets (¥1,329.1B) exceed its long term liabilities (¥407.4B).
Debt to Equity History and Analysis
Debt Level: IIO's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: IIO's debt to equity ratio has increased from 60.8% to 63.9% over the past 5 years.
Debt Coverage: IIO's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: IIO's interest payments on its debt are well covered by EBIT (7.8x coverage).