Medical Ikkou GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Medical Ikkou GroupLtd has a total shareholder equity of ¥13.8B and total debt of ¥9.4B, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are ¥31.7B and ¥17.8B respectively. Medical Ikkou GroupLtd's EBIT is ¥1.6B making its interest coverage ratio 222.7. It has cash and short-term investments of ¥7.7B.
Key information
68.0%
Debt to equity ratio
JP¥9.41b
Debt
| Interest coverage ratio | 222.7x |
| Cash | JP¥7.70b |
| Equity | JP¥13.84b |
| Total liabilities | JP¥17.82b |
| Total assets | JP¥31.66b |
Recent financial health updates
We Think Medical Ikkou GroupLtd (TSE:3353) Can Stay On Top Of Its Debt
Apr 05
Here's Why Medical Ikkou GroupLtd (TYO:3353) Has A Meaningful Debt Burden
Mar 06Recent updates
Statutory Profit Doesn't Reflect How Good Medical Ikkou GroupLtd's (TSE:3353) Earnings Are
Apr 13We Think Medical Ikkou GroupLtd (TSE:3353) Can Stay On Top Of Its Debt
Apr 05Read This Before Buying Medical Ikkou Group Co.,Ltd. (TYO:3353) For Its Dividend
May 09How Well Is Medical Ikkou GroupLtd (TYO:3353) Allocating Its Capital?
Mar 21Here's Why Medical Ikkou GroupLtd (TYO:3353) Has A Meaningful Debt Burden
Mar 06Medical Ikkou Group Co.,Ltd. (TYO:3353) Will Pay A JP¥40.00 Dividend In Four Days
Feb 19What Medical Ikkou Group Co.,Ltd.'s (TYO:3353) ROE Can Tell Us
Feb 09Key Things To Consider Before Buying Medical Ikkou Group Co.,Ltd. (TYO:3353) For Its Dividend
Jan 25Can You Imagine How Medical Ikkou GroupLtd's (TYO:3353) Shareholders Feel About The 43% Share Price Increase?
Jan 10
What Type Of Shareholders Make Up Medical Ikkou Group Co.,Ltd.'s (TYO:3353) Share Registry?
Dec 27Returns On Capital Tell Us A Lot About Medical Ikkou GroupLtd (TYO:3353)
Dec 13Here's Why We Don't Think Medical Ikkou GroupLtd's (TYO:3353) Statutory Earnings Reflect Its Underlying Earnings Potential
Nov 30Financial Position Analysis
Short Term Liabilities: 3353's short term assets (¥16.7B) exceed its short term liabilities (¥10.4B).
Long Term Liabilities: 3353's short term assets (¥16.7B) exceed its long term liabilities (¥7.4B).
Debt to Equity History and Analysis
Debt Level: 3353's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: 3353's debt to equity ratio has reduced from 113.1% to 68% over the past 5 years.
Debt Coverage: 3353's debt is well covered by operating cash flow (45.9%).
Interest Coverage: 3353's interest payments on its debt are well covered by EBIT (222.7x coverage).