Ishikawa Seisakusho Balance Sheet Health
Financial Health criteria checks 4/6
Ishikawa Seisakusho has a total shareholder equity of ¥4.5B and total debt of ¥5.8B, which brings its debt-to-equity ratio to 128.8%. Its total assets and total liabilities are ¥16.4B and ¥11.8B respectively. Ishikawa Seisakusho's EBIT is ¥77.0M making its interest coverage ratio 19.3. It has cash and short-term investments of ¥626.0M.
Key information
128.8%
Debt to equity ratio
JP¥5.84b
Debt
| Interest coverage ratio | 19.3x |
| Cash | JP¥626.00m |
| Equity | JP¥4.53b |
| Total liabilities | JP¥11.83b |
| Total assets | JP¥16.36b |
Financial Position Analysis
Short Term Liabilities: 6208's short term assets (¥12.2B) exceed its short term liabilities (¥10.1B).
Long Term Liabilities: 6208's short term assets (¥12.2B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 6208's net debt to equity ratio (115%) is considered high.
Reducing Debt: 6208's debt to equity ratio has reduced from 235% to 128.8% over the past 5 years.
Debt Coverage: 6208's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: 6208's interest payments on its debt are well covered by EBIT (19.3x coverage).