Internet Initiative Japan Balance Sheet Health
Financial Health criteria checks 6/6
Internet Initiative Japan has a total shareholder equity of ¥128.5B and total debt of ¥28.4B, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are ¥278.9B and ¥150.4B respectively. Internet Initiative Japan's EBIT is ¥28.6B making its interest coverage ratio 205.5. It has cash and short-term investments of ¥29.8B.
Key information
22.1%
Debt to equity ratio
JP¥28.42b
Debt
| Interest coverage ratio | 205.5x |
| Cash | JP¥29.78b |
| Equity | JP¥128.50b |
| Total liabilities | JP¥150.44b |
| Total assets | JP¥278.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IIJ's short term assets (¥112.4B) exceed its short term liabilities (¥97.6B).
Long Term Liabilities: IIJ's short term assets (¥112.4B) exceed its long term liabilities (¥52.9B).
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 37.3% to 22.1% over the past 5 years.
Debt Coverage: IIJ's debt is well covered by operating cash flow (118.7%).
Interest Coverage: IIJ's interest payments on its debt are well covered by EBIT (205.5x coverage).