ITOCHU Balance Sheet Health
Financial Health criteria checks 5/6
ITOCHU has a total shareholder equity of ¥6,283.0B and total debt of ¥3,485.1B, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are ¥15,171.2B and ¥8,888.2B respectively. ITOCHU's EBIT is ¥726.2B making its interest coverage ratio -22.9. It has cash and short-term investments of ¥724.6B.
Key information
55.5%
Debt to equity ratio
JP¥3.49t
Debt
| Interest coverage ratio | -22.9x |
| Cash | JP¥724.64b |
| Equity | JP¥6.28t |
| Total liabilities | JP¥8.89t |
| Total assets | JP¥15.17t |
Recent financial health updates
Is ITOCHU (TSE:8001) A Risky Investment?
Sep 10
We Think ITOCHU (TSE:8001) Can Stay On Top Of Its Debt
Mar 15Recent updates
Is ITOCHU (TSE:8001) A Risky Investment?
Sep 10ITOCHU (TSE:8001) Has Announced That It Will Be Increasing Its Dividend To ¥100.00
Aug 22ITOCHU (TSE:8001) Will Pay A Larger Dividend Than Last Year At ¥100.00
Aug 08ITOCHU Corporation (TSE:8001) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 06ITOCHU (TSE:8001) Is Increasing Its Dividend To ¥100.00
Jul 25ITOCHU (TSE:8001) Is Increasing Its Dividend To ¥100.00
Jul 11Here'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 (¥6,026.1B) exceed its short term liabilities (¥4,658.6B).
Long Term Liabilities: 8001's short term assets (¥6,026.1B) exceed its long term liabilities (¥4,229.6B).
Debt to Equity History and Analysis
Debt Level: 8001's net debt to equity ratio (43.9%) is considered high.
Reducing Debt: 8001's debt to equity ratio has reduced from 82.4% to 55.5% over the past 5 years.
Debt Coverage: 8001's debt is well covered by operating cash flow (27.9%).
Interest Coverage: 8001 earns more interest than it pays, so coverage of interest payments is not a concern.