IDEA ConsultantsInc Balance Sheet Health
Financial Health criteria checks 5/6
IDEA ConsultantsInc has a total shareholder equity of ¥26.5B and total debt of ¥1.4B, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are ¥34.5B and ¥8.0B respectively. IDEA ConsultantsInc's EBIT is ¥2.8B making its interest coverage ratio -82.1. It has cash and short-term investments of ¥2.3B.
Key information
5.3%
Debt to equity ratio
JP¥1.40b
Debt
Interest coverage ratio | -82.1x |
Cash | JP¥2.29b |
Equity | JP¥26.54b |
Total liabilities | JP¥7.97b |
Total assets | JP¥34.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9768's short term assets (¥14.8B) exceed its short term liabilities (¥4.6B).
Long Term Liabilities: 9768's short term assets (¥14.8B) exceed its long term liabilities (¥3.3B).
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 13.4% to 5.3% over the past 5 years.
Debt Coverage: 9768's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9768 earns more interest than it pays, so coverage of interest payments is not a concern.