Iwatani Balance Sheet Health
Financial Health criteria checks 4/6
Iwatani has a total shareholder equity of ¥339.4B and total debt of ¥245.2B, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are ¥800.4B and ¥461.0B respectively. Iwatani's EBIT is ¥48.2B making its interest coverage ratio -207.6. It has cash and short-term investments of ¥26.2B.
Key information
72.3%
Debt to equity ratio
JP¥245.19b
Debt
Interest coverage ratio | -207.6x |
Cash | JP¥26.25b |
Equity | JP¥339.36b |
Total liabilities | JP¥461.05b |
Total assets | JP¥800.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IWA's short term assets (¥307.8B) do not cover its short term liabilities (¥326.1B).
Long Term Liabilities: IWA's short term assets (¥307.8B) exceed its long term liabilities (¥134.9B).
Debt to Equity History and Analysis
Debt Level: IWA's net debt to equity ratio (64.5%) is considered high.
Reducing Debt: IWA's debt to equity ratio has reduced from 78.8% to 72.3% over the past 5 years.
Debt Coverage: IWA's debt is well covered by operating cash flow (25.2%).
Interest Coverage: IWA earns more interest than it pays, so coverage of interest payments is not a concern.