IK HOLDINGSLtd Balance Sheet Health
Financial Health criteria checks 5/6
IK HOLDINGSLtd has a total shareholder equity of ¥2.2B and total debt of ¥1.8B, which brings its debt-to-equity ratio to 82.5%. Its total assets and total liabilities are ¥5.9B and ¥3.7B respectively. IK HOLDINGSLtd's EBIT is ¥368.0M making its interest coverage ratio 36.8. It has cash and short-term investments of ¥368.0M.
Key information
82.5%
Debt to equity ratio
JP¥1.80b
Debt
| Interest coverage ratio | 36.8x |
| Cash | JP¥368.00m |
| Equity | JP¥2.18b |
| Total liabilities | JP¥3.68b |
| Total assets | JP¥5.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2722's short term assets (¥5.0B) exceed its short term liabilities (¥2.4B).
Long Term Liabilities: 2722's short term assets (¥5.0B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 2722's net debt to equity ratio (65.6%) is considered high.
Reducing Debt: 2722's debt to equity ratio has reduced from 87.8% to 82.5% over the past 5 years.
Debt Coverage: 2722's debt is well covered by operating cash flow (52.3%).
Interest Coverage: 2722's interest payments on its debt are well covered by EBIT (36.8x coverage).