ITOCHU Balance Sheet Health
Financial Health criteria checks 5/6
ITOCHU has a total shareholder equity of ¥5,992.1B and total debt of ¥3,357.6B, which brings its debt-to-equity ratio to 56%. Its total assets and total liabilities are ¥14,489.7B and ¥8,497.6B respectively. ITOCHU's EBIT is ¥702.9B making its interest coverage ratio -20.3. It has cash and short-term investments of ¥689.1B.
Key information
56.0%
Debt to equity ratio
JP¥3.36t
Debt
Interest coverage ratio | -20.3x |
Cash | JP¥689.06b |
Equity | JP¥5.99t |
Total liabilities | JP¥8.50t |
Total assets | JP¥14.49t |
Recent financial health updates
Recent updates
Here's What Analysts Are Forecasting For ITOCHU Corporation (TSE:8001) After Its Yearly Results
May 10Investors Interested In ITOCHU Corporation's (TSE:8001) Earnings
Apr 13ITOCHU's (TSE:8001) Dividend Will Be ¥80.00
Mar 27We Think ITOCHU (TSE:8001) Can Stay On Top Of Its Debt
Mar 15ITOCHU (TSE:8001) Has Announced A Dividend Of ¥80.00
Feb 27Financial Position Analysis
Short Term Liabilities: 8001's short term assets (¥5,623.8B) exceed its short term liabilities (¥4,342.4B).
Long Term Liabilities: 8001's short term assets (¥5,623.8B) exceed its long term liabilities (¥4,155.2B).
Debt to Equity History and Analysis
Debt Level: 8001's net debt to equity ratio (44.5%) is considered high.
Reducing Debt: 8001's debt to equity ratio has reduced from 80.9% to 56% over the past 5 years.
Debt Coverage: 8001's debt is well covered by operating cash flow (29.1%).
Interest Coverage: 8001 earns more interest than it pays, so coverage of interest payments is not a concern.