Internet Initiative Japan Balance Sheet Health
Financial Health criteria checks 6/6
Internet Initiative Japan has a total shareholder equity of ¥132.0B and total debt of ¥28.4B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ¥288.8B and ¥156.8B respectively. Internet Initiative Japan's EBIT is ¥28.8B making its interest coverage ratio 18.6. It has cash and short-term investments of ¥33.7B.
Key information
21.5%
Debt to equity ratio
JP¥28.40b
Debt
| Interest coverage ratio | 18.6x |
| Cash | JP¥33.67b |
| Equity | JP¥132.00b |
| Total liabilities | JP¥156.77b |
| Total assets | JP¥288.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I6I's short term assets (¥115.7B) exceed its short term liabilities (¥100.0B).
Long Term Liabilities: I6I's short term assets (¥115.7B) exceed its long term liabilities (¥56.8B).
Debt to Equity History and Analysis
Debt Level: I6I has more cash than its total debt.
Reducing Debt: I6I's debt to equity ratio has reduced from 36.7% to 21.5% over the past 5 years.
Debt Coverage: I6I's debt is well covered by operating cash flow (124.2%).
Interest Coverage: I6I's interest payments on its debt are well covered by EBIT (18.6x coverage).