IBJ Balance Sheet Health
Financial Health criteria checks 5/6
IBJ has a total shareholder equity of ¥8.0B and total debt of ¥5.7B, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are ¥18.1B and ¥10.1B respectively. IBJ's EBIT is ¥2.2B making its interest coverage ratio -371.8. It has cash and short-term investments of ¥4.8B.
Key information
71.2%
Debt to equity ratio
JP¥5.72b
Debt
Interest coverage ratio | -371.8x |
Cash | JP¥4.82b |
Equity | JP¥8.02b |
Total liabilities | JP¥10.10b |
Total assets | JP¥18.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6071's short term assets (¥8.1B) exceed its short term liabilities (¥7.2B).
Long Term Liabilities: 6071's short term assets (¥8.1B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 6071's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: 6071's debt to equity ratio has increased from 46.6% to 71.2% over the past 5 years.
Debt Coverage: 6071's debt is well covered by operating cash flow (61.5%).
Interest Coverage: 6071 earns more interest than it pays, so coverage of interest payments is not a concern.