IK HOLDINGSLtd Balance Sheet Health
Financial Health criteria checks 4/6
IK HOLDINGSLtd has a total shareholder equity of ¥2.0B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 101.7%. Its total assets and total liabilities are ¥6.1B and ¥4.0B respectively. IK HOLDINGSLtd's EBIT is ¥95.0M making its interest coverage ratio 8.6. It has cash and short-term investments of ¥523.0M.
Key information
101.7%
Debt to equity ratio
JP¥2.08b
Debt
Interest coverage ratio | 8.6x |
Cash | JP¥523.00m |
Equity | JP¥2.05b |
Total liabilities | JP¥4.03b |
Total assets | JP¥6.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2722's short term assets (¥5.1B) exceed its short term liabilities (¥2.8B).
Long Term Liabilities: 2722's short term assets (¥5.1B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 2722's net debt to equity ratio (76.1%) is considered high.
Reducing Debt: 2722's debt to equity ratio has increased from 77.7% to 101.7% over the past 5 years.
Debt Coverage: 2722's debt is well covered by operating cash flow (23.2%).
Interest Coverage: 2722's interest payments on its debt are well covered by EBIT (8.6x coverage).