Ichishin HoldingsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Ichishin HoldingsLtd has a total shareholder equity of ¥2.7B and total debt of ¥5.6B, which brings its debt-to-equity ratio to 205.4%. Its total assets and total liabilities are ¥13.0B and ¥10.3B respectively. Ichishin HoldingsLtd's EBIT is ¥942.0M making its interest coverage ratio 11.3. It has cash and short-term investments of ¥4.3B.
Key information
205.4%
Debt to equity ratio
JP¥5.62b
Debt
Interest coverage ratio | 11.3x |
Cash | JP¥4.28b |
Equity | JP¥2.73b |
Total liabilities | JP¥10.31b |
Total assets | JP¥13.04b |
Recent financial health updates
Is Ichishin HoldingsLtd (TYO:4645) Using Too Much Debt?
Mar 19We Think Ichishin HoldingsLtd (TYO:4645) Is Taking Some Risk With Its Debt
Dec 03Recent updates
Ichishin HoldingsLtd's (TSE:4645) Earnings Offer More Than Meets The Eye
Apr 16Is Ichishin HoldingsLtd (TYO:4645) Using Too Much Debt?
Mar 19Are Dividend Investors Getting More Than They Bargained For With Ichishin Holdings Co.,Ltd.'s (TYO:4645) Dividend?
Jan 25We Think Ichishin HoldingsLtd (TYO:4645) Is Taking Some Risk With Its Debt
Dec 03Financial Position Analysis
Short Term Liabilities: 4645's short term assets (¥6.2B) exceed its short term liabilities (¥3.5B).
Long Term Liabilities: 4645's short term assets (¥6.2B) do not cover its long term liabilities (¥6.8B).
Debt to Equity History and Analysis
Debt Level: 4645's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: 4645's debt to equity ratio has reduced from 212.1% to 205.4% over the past 5 years.
Debt Coverage: 4645's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: 4645's interest payments on its debt are well covered by EBIT (11.3x coverage).