Iida Group Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Iida Group Holdings has a total shareholder equity of ¥968.3B and total debt of ¥589.8B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are ¥1,787.0B and ¥818.7B respectively. Iida Group Holdings's EBIT is ¥55.4B making its interest coverage ratio 9.6. It has cash and short-term investments of ¥404.3B.
Key information
60.9%
Debt to equity ratio
JP¥589.77b
Debt
| Interest coverage ratio | 9.6x |
| Cash | JP¥404.26b |
| Equity | JP¥968.32b |
| Total liabilities | JP¥818.68b |
| Total assets | JP¥1.79t |
Recent financial health updates
Recent updates
Calculating The Fair Value Of Iida Group Holdings Co., Ltd. (TSE:3291)
Sep 07
Iida Group Holdings (TSE:3291) Is Due To Pay A Dividend Of ¥45.00
Aug 14Iida Group Holdings (TSE:3291) Is Paying Out A Dividend Of ¥45.00
Jul 26Iida Group Holdings (TSE:3291) Is Paying Out A Dividend Of ¥45.00
Jul 12Iida Group Holdings (TSE:3291) Is Paying Out A Dividend Of ¥45.00
Mar 26Iida Group Holdings (TSE:3291) Has Announced A Dividend Of ¥45.00
Mar 12Iida Group Holdings (TSE:3291) Use Of Debt Could Be Considered Risky
Mar 01Financial Position Analysis
Short Term Liabilities: 3291's short term assets (¥1,284.5B) exceed its short term liabilities (¥461.0B).
Long Term Liabilities: 3291's short term assets (¥1,284.5B) exceed its long term liabilities (¥357.7B).
Debt to Equity History and Analysis
Debt Level: 3291's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: 3291's debt to equity ratio has increased from 59.6% to 60.9% over the past 5 years.
Debt Coverage: 3291's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3291's interest payments on its debt are well covered by EBIT (9.6x coverage).