IDEA ConsultantsInc Balance Sheet Health
Financial Health criteria checks 6/6
IDEA ConsultantsInc has a total shareholder equity of ¥28.1B and total debt of ¥600.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥35.5B and ¥7.4B respectively. IDEA ConsultantsInc's EBIT is ¥3.2B making its interest coverage ratio -68.3. It has cash and short-term investments of ¥6.4B.
Key information
2.1%
Debt to equity ratio
JP¥600.00m
Debt
| Interest coverage ratio | -68.3x |
| Cash | JP¥6.37b |
| Equity | JP¥28.10b |
| Total liabilities | JP¥7.40b |
| Total assets | JP¥35.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9768's short term assets (¥15.6B) exceed its short term liabilities (¥4.2B).
Long Term Liabilities: 9768's short term assets (¥15.6B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 9768 has more cash than its total debt.
Reducing Debt: 9768's debt to equity ratio has reduced from 6.8% to 2.1% over the past 5 years.
Debt Coverage: 9768's debt is well covered by operating cash flow (587.3%).
Interest Coverage: 9768 earns more interest than it pays, so coverage of interest payments is not a concern.