ITOCHU-SHOKUHIN Balance Sheet Health
Financial Health criteria checks 6/6
ITOCHU-SHOKUHIN has a total shareholder equity of ¥109.3B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥274.5B and ¥165.2B respectively. ITOCHU-SHOKUHIN's EBIT is ¥7.7B making its interest coverage ratio -8.4. It has cash and short-term investments of ¥1.6B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -8.4x |
Cash | JP¥1.62b |
Equity | JP¥109.27b |
Total liabilities | JP¥165.23b |
Total assets | JP¥274.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2692's short term assets (¥207.6B) exceed its short term liabilities (¥154.1B).
Long Term Liabilities: 2692's short term assets (¥207.6B) exceed its long term liabilities (¥11.1B).
Debt to Equity History and Analysis
Debt Level: 2692 is debt free.
Reducing Debt: 2692 has no debt compared to 5 years ago when its debt to equity ratio was 1.7%.
Debt Coverage: 2692 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2692 has no debt, therefore coverage of interest payments is not a concern.