IBJ Balance Sheet Health
Financial Health criteria checks 6/6
IBJ has a total shareholder equity of ¥7.6B and total debt of ¥5.2B, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are ¥16.3B and ¥8.7B respectively. IBJ's EBIT is ¥2.4B making its interest coverage ratio 786.7. It has cash and short-term investments of ¥2.6B.
Key information
68.9%
Debt to equity ratio
JP¥5.25b
Debt
Interest coverage ratio | 786.7x |
Cash | JP¥2.56b |
Equity | JP¥7.62b |
Total liabilities | JP¥8.69b |
Total assets | JP¥16.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7XR's short term assets (¥6.2B) exceed its short term liabilities (¥5.4B).
Long Term Liabilities: 7XR's short term assets (¥6.2B) exceed its long term liabilities (¥3.3B).
Debt to Equity History and Analysis
Debt Level: 7XR's net debt to equity ratio (35.2%) is considered satisfactory.
Reducing Debt: 7XR's debt to equity ratio has reduced from 81.7% to 68.9% over the past 5 years.
Debt Coverage: 7XR's debt is well covered by operating cash flow (67.1%).
Interest Coverage: 7XR's interest payments on its debt are well covered by EBIT (786.7x coverage).