IR Japan Holdings Balance Sheet Health
Financial Health criteria checks 6/6
IR Japan Holdings has a total shareholder equity of ¥5.3B and total debt of ¥200.0M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ¥6.8B and ¥1.5B respectively. IR Japan Holdings's EBIT is ¥1.3B making its interest coverage ratio -117.2. It has cash and short-term investments of ¥4.2B.
Key information
3.8%
Debt to equity ratio
JP¥200.00m
Debt
Interest coverage ratio | -117.2x |
Cash | JP¥4.25b |
Equity | JP¥5.32b |
Total liabilities | JP¥1.47b |
Total assets | JP¥6.78b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6035's short term assets (¥5.0B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 6035's short term assets (¥5.0B) exceed its long term liabilities (¥65.0M).
Debt to Equity History and Analysis
Debt Level: 6035 has more cash than its total debt.
Reducing Debt: 6035's debt to equity ratio has reduced from 5.2% to 3.8% over the past 5 years.
Debt Coverage: 6035's debt is well covered by operating cash flow (850.5%).
Interest Coverage: 6035 earns more interest than it pays, so coverage of interest payments is not a concern.