IKK Holdings Balance Sheet Health
Financial Health criteria checks 4/6
IKK Holdings has a total shareholder equity of ¥9.1B and total debt of ¥4.7B, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are ¥18.3B and ¥9.1B respectively. IKK Holdings's EBIT is ¥2.0B making its interest coverage ratio 406. It has cash and short-term investments of ¥3.7B.
Key information
51.2%
Debt to equity ratio
JP¥4.67b
Debt
Interest coverage ratio | 406x |
Cash | JP¥3.68b |
Equity | JP¥9.13b |
Total liabilities | JP¥9.13b |
Total assets | JP¥18.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2198's short term assets (¥4.8B) exceed its short term liabilities (¥4.0B).
Long Term Liabilities: 2198's short term assets (¥4.8B) do not cover its long term liabilities (¥5.2B).
Debt to Equity History and Analysis
Debt Level: 2198's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 2198's debt to equity ratio has increased from 30.6% to 51.2% over the past 5 years.
Debt Coverage: 2198's debt is well covered by operating cash flow (35.6%).
Interest Coverage: 2198's interest payments on its debt are well covered by EBIT (406x coverage).