Medical Ikkou GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Medical Ikkou GroupLtd has a total shareholder equity of ¥14.4B and total debt of ¥9.2B, which brings its debt-to-equity ratio to 63.8%. Its total assets and total liabilities are ¥33.1B and ¥18.7B respectively. Medical Ikkou GroupLtd's EBIT is ¥1.8B making its interest coverage ratio -594.7. It has cash and short-term investments of ¥8.2B.
Key information
63.8%
Debt to equity ratio
JP¥9.19b
Debt
| Interest coverage ratio | -594.7x |
| Cash | JP¥8.19b |
| Equity | JP¥14.39b |
| Total liabilities | JP¥18.72b |
| Total assets | JP¥33.12b |
Recent financial health updates
Does Medical Ikkou GroupLtd (TSE:3353) Have A Healthy Balance Sheet?
Aug 08
We Think Medical Ikkou GroupLtd (TSE:3353) Can Stay On Top Of Its Debt
Apr 05Here's Why Medical Ikkou GroupLtd (TYO:3353) Has A Meaningful Debt Burden
Mar 06Recent updates
Shareholders Will Be Pleased With The Quality of Medical Ikkou GroupLtd's (TSE:3353) Earnings
Oct 14Does Medical Ikkou GroupLtd (TSE:3353) Have A Healthy Balance Sheet?
Aug 08Statutory 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 (¥17.8B) exceed its short term liabilities (¥11.3B).
Long Term Liabilities: 3353's short term assets (¥17.8B) exceed its long term liabilities (¥7.4B).
Debt to Equity History and Analysis
Debt Level: 3353's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 3353's debt to equity ratio has reduced from 152.5% to 63.8% over the past 5 years.
Debt Coverage: 3353's debt is well covered by operating cash flow (53.7%).
Interest Coverage: 3353 earns more interest than it pays, so coverage of interest payments is not a concern.