Ichikawa Balance Sheet Health
Financial Health criteria checks 6/6
Ichikawa has a total shareholder equity of ¥21.4B and total debt of ¥860.0M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ¥29.2B and ¥7.8B respectively. Ichikawa's EBIT is ¥1.1B making its interest coverage ratio -9.8. It has cash and short-term investments of ¥6.8B.
Key information
4.0%
Debt to equity ratio
JP¥860.00m
Debt
Interest coverage ratio | -9.8x |
Cash | JP¥6.77b |
Equity | JP¥21.41b |
Total liabilities | JP¥7.76b |
Total assets | JP¥29.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3513's short term assets (¥15.2B) exceed its short term liabilities (¥3.5B).
Long Term Liabilities: 3513's short term assets (¥15.2B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 3513 has more cash than its total debt.
Reducing Debt: 3513's debt to equity ratio has reduced from 4.8% to 4% over the past 5 years.
Debt Coverage: 3513's debt is well covered by operating cash flow (231.6%).
Interest Coverage: 3513 earns more interest than it pays, so coverage of interest payments is not a concern.