Itoki Balance Sheet Health
Financial Health criteria checks 4/6
Itoki has a total shareholder equity of ¥47.6B and total debt of ¥42.3B, which brings its debt-to-equity ratio to 88.9%. Its total assets and total liabilities are ¥120.9B and ¥73.3B respectively. Itoki's EBIT is ¥9.2B making its interest coverage ratio 71.5. It has cash and short-term investments of ¥30.5B.
Key information
88.9%
Debt to equity ratio
JP¥42.33b
Debt
| Interest coverage ratio | 71.5x |
| Cash | JP¥30.54b |
| Equity | JP¥47.63b |
| Total liabilities | JP¥73.31b |
| Total assets | JP¥120.94b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7972's short term assets (¥73.6B) exceed its short term liabilities (¥55.5B).
Long Term Liabilities: 7972's short term assets (¥73.6B) exceed its long term liabilities (¥17.8B).
Debt to Equity History and Analysis
Debt Level: 7972's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: 7972's debt to equity ratio has increased from 43.8% to 88.9% over the past 5 years.
Debt Coverage: 7972's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7972's interest payments on its debt are well covered by EBIT (71.5x coverage).