Inaba Denki SangyoLtd Balance Sheet Health
Financial Health criteria checks 6/6
Inaba Denki SangyoLtd has a total shareholder equity of ¥156.6B and total debt of ¥409.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥242.6B and ¥86.0B respectively. Inaba Denki SangyoLtd's EBIT is ¥20.1B making its interest coverage ratio -32. It has cash and short-term investments of ¥61.1B.
Key information
0.3%
Debt to equity ratio
JP¥409.00m
Debt
| Interest coverage ratio | -32x |
| Cash | JP¥61.12b |
| Equity | JP¥156.55b |
| Total liabilities | JP¥86.05b |
| Total assets | JP¥242.60b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9934's short term assets (¥189.1B) exceed its short term liabilities (¥79.5B).
Long Term Liabilities: 9934's short term assets (¥189.1B) exceed its long term liabilities (¥6.5B).
Debt to Equity History and Analysis
Debt Level: 9934 has more cash than its total debt.
Reducing Debt: 9934's debt to equity ratio has reduced from 0.3% to 0.3% over the past 5 years.
Debt Coverage: 9934's debt is well covered by operating cash flow (2018.3%).
Interest Coverage: 9934 earns more interest than it pays, so coverage of interest payments is not a concern.