Ishikawa Seisakusho Balance Sheet Health
Financial Health criteria checks 3/6
Ishikawa Seisakusho has a total shareholder equity of ¥4.9B and total debt of ¥6.2B, which brings its debt-to-equity ratio to 127%. Its total assets and total liabilities are ¥16.8B and ¥11.9B respectively. Ishikawa Seisakusho's EBIT is ¥254.0M making its interest coverage ratio 36.3. It has cash and short-term investments of ¥954.0M.
Key information
127.0%
Debt to equity ratio
JP¥6.23b
Debt
Interest coverage ratio | 36.3x |
Cash | JP¥954.00m |
Equity | JP¥4.90b |
Total liabilities | JP¥11.90b |
Total assets | JP¥16.80b |
Recent financial health updates
Recent updates
Ishikawa Seisakusho, Ltd.'s (TSE:6208) P/E Is Still On The Mark Following 25% Share Price Bounce
Jul 17Ishikawa Seisakusho, Ltd.'s (TSE:6208) P/E Is Still On The Mark Following 26% Share Price Bounce
May 22We Think That There Are Issues Underlying Ishikawa Seisakusho's (TSE:6208) Earnings
May 21Ishikawa Seisakusho (TSE:6208) Has Some Difficulty Using Its Capital Effectively
Apr 22Ishikawa Seisakusho (TSE:6208) Takes On Some Risk With Its Use Of Debt
Mar 08Financial Position Analysis
Short Term Liabilities: 6208's short term assets (¥12.4B) exceed its short term liabilities (¥10.3B).
Long Term Liabilities: 6208's short term assets (¥12.4B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 6208's net debt to equity ratio (107.5%) is considered high.
Reducing Debt: 6208's debt to equity ratio has increased from 118.6% to 127% over the past 5 years.
Debt Coverage: 6208's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6208's interest payments on its debt are well covered by EBIT (36.3x coverage).