Internet Initiative Japan Inc.

DB:IIJ Stock Report

Market Cap: €3.2b

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 ratio18.6x
CashJP¥33.67b
EquityJP¥132.00b
Total liabilitiesJP¥156.77b
Total assetsJP¥288.77b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: IIJ's short term assets (¥115.7B) exceed its short term liabilities (¥100.0B).

Long Term Liabilities: IIJ's short term assets (¥115.7B) exceed its long term liabilities (¥56.8B).


Debt to Equity History and Analysis

Debt Level: IIJ has more cash than its total debt.

Reducing Debt: IIJ's debt to equity ratio has reduced from 36.7% to 21.5% over the past 5 years.

Debt Coverage: IIJ's debt is well covered by operating cash flow (124.2%).

Interest Coverage: IIJ's interest payments on its debt are well covered by EBIT (18.6x coverage).


Balance Sheet


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