Iceco Balance Sheet Health
Financial Health criteria checks 5/6
Iceco has a total shareholder equity of ¥3.8B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 75.7%. Its total assets and total liabilities are ¥19.1B and ¥15.3B respectively. Iceco's EBIT is ¥420.0M making its interest coverage ratio 52.5. It has cash and short-term investments of ¥3.5B.
Key information
75.7%
Debt to equity ratio
JP¥2.86b
Debt
| Interest coverage ratio | 52.5x |
| Cash | JP¥3.51b |
| Equity | JP¥3.78b |
| Total liabilities | JP¥15.30b |
| Total assets | JP¥19.08b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7698's short term assets (¥11.8B) do not cover its short term liabilities (¥12.2B).
Long Term Liabilities: 7698's short term assets (¥11.8B) exceed its long term liabilities (¥3.1B).
Debt to Equity History and Analysis
Debt Level: 7698 has more cash than its total debt.
Reducing Debt: 7698's debt to equity ratio has reduced from 245.5% to 75.7% over the past 5 years.
Debt Coverage: 7698's debt is well covered by operating cash flow (67%).
Interest Coverage: 7698's interest payments on its debt are well covered by EBIT (52.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:17 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Iceco Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Masa Hazama | Nomura Securities Co. Ltd. |
| Keita Fujino | The Stock Research Center |