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CASSINA IXC Balance Sheet Health
Financial Health criteria checks 6/6
CASSINA IXC has a total shareholder equity of ¥5.8B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are ¥9.9B and ¥4.0B respectively. CASSINA IXC's EBIT is ¥433.0M making its interest coverage ratio 72.2. It has cash and short-term investments of ¥3.4B.
Key information
25.2%
Debt to equity ratio
JP¥1.47b
Debt
| Interest coverage ratio | 72.2x |
| Cash | JP¥3.42b |
| Equity | JP¥5.84b |
| Total liabilities | JP¥4.04b |
| Total assets | JP¥9.87b |
Recent financial health updates
Recent updates
Why CASSINA IXC. Ltd. (TYO:2777) Should Be In Your Dividend Portfolio
Mar 22
Here's Why CASSINA IXC (TYO:2777) Can Manage Its Debt Responsibly
Jan 28Read This Before Considering CASSINA IXC. Ltd. (TYO:2777) For Its Upcoming JP¥30.00 Dividend
Dec 24
Estimating The Intrinsic Value Of CASSINA IXC. Ltd. (TYO:2777)
Dec 03Financial Position Analysis
Short Term Liabilities: 2777's short term assets (¥8.0B) exceed its short term liabilities (¥2.9B).
Long Term Liabilities: 2777's short term assets (¥8.0B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 2777 has more cash than its total debt.
Reducing Debt: 2777's debt to equity ratio has reduced from 50.5% to 25.2% over the past 5 years.
Debt Coverage: 2777's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 2777's interest payments on its debt are well covered by EBIT (72.2x coverage).