IR Japan Holdings Balance Sheet Health
Financial Health criteria checks 6/6
IR Japan Holdings has a total shareholder equity of ¥5.4B and total debt of ¥200.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ¥6.7B and ¥1.3B respectively. IR Japan Holdings's EBIT is ¥1.1B making its interest coverage ratio 1076. It has cash and short-term investments of ¥4.1B.
Key information
3.7%
Debt to equity ratio
JP¥200.00m
Debt
| Interest coverage ratio | 1076x |
| Cash | JP¥4.13b |
| Equity | JP¥5.37b |
| Total liabilities | JP¥1.30b |
| Total assets | JP¥6.67b |
Financial Position Analysis
Short Term Liabilities: 6035's short term assets (¥4.9B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 6035's short term assets (¥4.9B) exceed its long term liabilities (¥67.0M).
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% to 3.7% over the past 5 years.
Debt Coverage: 6035's debt is well covered by operating cash flow (912.5%).
Interest Coverage: 6035's interest payments on its debt are well covered by EBIT (1076x coverage).