Iceco Balance Sheet Health
Financial Health criteria checks 4/6
Iceco has a total shareholder equity of ¥3.5B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are ¥17.2B and ¥13.8B respectively. Iceco's EBIT is ¥484.0M making its interest coverage ratio 121. It has cash and short-term investments of ¥2.5B.
Key information
84.0%
Debt to equity ratio
JP¥2.92b
Debt
| Interest coverage ratio | 121x |
| Cash | JP¥2.46b |
| Equity | JP¥3.48b |
| Total liabilities | JP¥13.76b |
| Total assets | JP¥17.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7698's short term assets (¥10.9B) do not cover its short term liabilities (¥10.9B).
Long Term Liabilities: 7698's short term assets (¥10.9B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 7698's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7698's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7698's debt is well covered by operating cash flow (23.3%).
Interest Coverage: 7698's interest payments on its debt are well covered by EBIT (121x coverage).