Iwaki Balance Sheet Health
Financial Health criteria checks 5/6
Iwaki has a total shareholder equity of ¥32.8B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are ¥50.4B and ¥17.6B respectively. Iwaki's EBIT is ¥5.1B making its interest coverage ratio -725.6. It has cash and short-term investments of ¥10.0B.
Key information
6.6%
Debt to equity ratio
JP¥2.16b
Debt
Interest coverage ratio | -725.6x |
Cash | JP¥9.95b |
Equity | JP¥32.79b |
Total liabilities | JP¥17.58b |
Total assets | JP¥50.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6237's short term assets (¥37.4B) exceed its short term liabilities (¥15.1B).
Long Term Liabilities: 6237's short term assets (¥37.4B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 6237 has more cash than its total debt.
Reducing Debt: 6237's debt to equity ratio has increased from 4.9% to 6.6% over the past 5 years.
Debt Coverage: 6237's debt is well covered by operating cash flow (154.8%).
Interest Coverage: 6237 earns more interest than it pays, so coverage of interest payments is not a concern.