Idemitsu KosanLtd Balance Sheet Health
Financial Health criteria checks 5/6
Idemitsu KosanLtd has a total shareholder equity of ¥1,831.2B and total debt of ¥1,426.9B, which brings its debt-to-equity ratio to 77.9%. Its total assets and total liabilities are ¥5,272.1B and ¥3,441.0B respectively. Idemitsu KosanLtd's EBIT is ¥277.3B making its interest coverage ratio 94.6. It has cash and short-term investments of ¥192.3B.
Key information
77.9%
Debt to equity ratio
JP¥1.43t
Debt
Interest coverage ratio | 94.6x |
Cash | JP¥192.27b |
Equity | JP¥1.83t |
Total liabilities | JP¥3.44t |
Total assets | JP¥5.27t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I7B's short term assets (¥3,126.8B) exceed its short term liabilities (¥2,367.7B).
Long Term Liabilities: I7B's short term assets (¥3,126.8B) exceed its long term liabilities (¥1,073.3B).
Debt to Equity History and Analysis
Debt Level: I7B's net debt to equity ratio (67.4%) is considered high.
Reducing Debt: I7B's debt to equity ratio has reduced from 121% to 77.9% over the past 5 years.
Debt Coverage: I7B's debt is well covered by operating cash flow (22.7%).
Interest Coverage: I7B's interest payments on its debt are well covered by EBIT (94.6x coverage).