Inaba Denki SangyoLtd Balance Sheet Health
Financial Health criteria checks 6/6
Inaba Denki SangyoLtd has a total shareholder equity of ¥163.4B and total debt of ¥416.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥254.5B and ¥91.1B respectively. Inaba Denki SangyoLtd's EBIT is ¥22.3B making its interest coverage ratio -28.9. It has cash and short-term investments of ¥65.8B.
Key information
0.3%
Debt to equity ratio
JP¥416.00m
Debt
| Interest coverage ratio | -28.9x |
| Cash | JP¥65.77b |
| Equity | JP¥163.41b |
| Total liabilities | JP¥91.08b |
| Total assets | JP¥254.49b |
Recent financial health updates
Recent updates
Inaba Denki SangyoLtd (TSE:9934) Is Paying Out A Dividend Of ¥60.00
Aug 21
Does Inaba Denki SangyoLtd (TSE:9934) Deserve A Spot On Your Watchlist?
Aug 16Inaba Denki SangyoLtd (TSE:9934) Has Announced A Dividend Of ¥60.00
Jul 26Inaba Denki SangyoLtd (TSE:9934) Will Pay A Dividend Of ¥60.00
Jul 12Investors Met With Slowing Returns on Capital At Inaba Denki SangyoLtd (TSE:9934)
Jun 26Inaba Denki SangyoLtd (TSE:9934) Seems To Use Debt Rather Sparingly
Apr 28The Price Is Right For Inaba Denki Sangyo Co.,Ltd. (TSE:9934)
Apr 12Inaba Denki SangyoLtd's (TSE:9934) Dividend Will Be ¥60.00
Mar 11Inaba Denki SangyoLtd (TSE:9934) Will Pay A Dividend Of ¥60.00
Feb 26Financial Position Analysis
Short Term Liabilities: 9934's short term assets (¥195.7B) exceed its short term liabilities (¥85.2B).
Long Term Liabilities: 9934's short term assets (¥195.7B) exceed its long term liabilities (¥5.9B).
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 (3629.1%).
Interest Coverage: 9934 earns more interest than it pays, so coverage of interest payments is not a concern.