Ishii Iron Works Balance Sheet Health
Financial Health criteria checks 6/6
Ishii Iron Works has a total shareholder equity of ¥11.9B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are ¥20.8B and ¥8.9B respectively. Ishii Iron Works's EBIT is ¥1.3B making its interest coverage ratio -34.2. It has cash and short-term investments of ¥2.0B.
Key information
10.3%
Debt to equity ratio
JP¥1.23b
Debt
Interest coverage ratio | -34.2x |
Cash | JP¥1.97b |
Equity | JP¥11.86b |
Total liabilities | JP¥8.93b |
Total assets | JP¥20.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6362's short term assets (¥8.4B) exceed its short term liabilities (¥4.2B).
Long Term Liabilities: 6362's short term assets (¥8.4B) exceed its long term liabilities (¥4.7B).
Debt to Equity History and Analysis
Debt Level: 6362 has more cash than its total debt.
Reducing Debt: 6362's debt to equity ratio has reduced from 34.5% to 10.3% over the past 5 years.
Debt Coverage: 6362's debt is well covered by operating cash flow (119.7%).
Interest Coverage: 6362 earns more interest than it pays, so coverage of interest payments is not a concern.