InabataLtd Balance Sheet Health
Financial Health criteria checks 6/6
InabataLtd has a total shareholder equity of ¥207.6B and total debt of ¥70.0B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are ¥429.6B and ¥222.0B respectively. InabataLtd's EBIT is ¥24.5B making its interest coverage ratio -194.3. It has cash and short-term investments of ¥56.6B.
Key information
33.7%
Debt to equity ratio
JP¥70.01b
Debt
| Interest coverage ratio | -194.3x |
| Cash | JP¥56.58b |
| Equity | JP¥207.59b |
| Total liabilities | JP¥221.97b |
| Total assets | JP¥429.56b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8098's short term assets (¥350.4B) exceed its short term liabilities (¥172.7B).
Long Term Liabilities: 8098's short term assets (¥350.4B) exceed its long term liabilities (¥49.3B).
Debt to Equity History and Analysis
Debt Level: 8098's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: 8098's debt to equity ratio has reduced from 34.4% to 33.7% over the past 5 years.
Debt Coverage: 8098's debt is well covered by operating cash flow (29%).
Interest Coverage: 8098 earns more interest than it pays, so coverage of interest payments is not a concern.