Itochu EnexLtd Balance Sheet Health
Financial Health criteria checks 6/6
Itochu EnexLtd has a total shareholder equity of ¥191.5B and total debt of ¥4.0B, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥413.6B and ¥222.1B respectively. Itochu EnexLtd's EBIT is ¥20.3B making its interest coverage ratio 42.9. It has cash and short-term investments of ¥18.5B.
Key information
2.1%
Debt to equity ratio
JP¥4.01b
Debt
| Interest coverage ratio | 42.9x |
| Cash | JP¥18.53b |
| Equity | JP¥191.49b |
| Total liabilities | JP¥222.09b |
| Total assets | JP¥413.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 96P's short term assets (¥177.6B) exceed its short term liabilities (¥143.8B).
Long Term Liabilities: 96P's short term assets (¥177.6B) exceed its long term liabilities (¥78.3B).
Debt to Equity History and Analysis
Debt Level: 96P has more cash than its total debt.
Reducing Debt: 96P's debt to equity ratio has reduced from 30.8% to 2.1% over the past 5 years.
Debt Coverage: 96P's debt is well covered by operating cash flow (626.9%).
Interest Coverage: 96P's interest payments on its debt are well covered by EBIT (42.9x coverage).