IBJ Balance Sheet Health
Financial Health criteria checks 6/6
IBJ has a total shareholder equity of ¥8.0B and total debt of ¥5.3B, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are ¥17.3B and ¥9.3B respectively. IBJ's EBIT is ¥2.5B making its interest coverage ratio 226.6. It has cash and short-term investments of ¥4.8B.
Key information
66.6%
Debt to equity ratio
JP¥5.34b
Debt
Interest coverage ratio | 226.6x |
Cash | JP¥4.83b |
Equity | JP¥8.03b |
Total liabilities | JP¥9.25b |
Total assets | JP¥17.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6071's short term assets (¥7.0B) exceed its short term liabilities (¥5.1B).
Long Term Liabilities: 6071's short term assets (¥7.0B) exceed its long term liabilities (¥4.1B).
Debt to Equity History and Analysis
Debt Level: 6071's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: 6071's debt to equity ratio has reduced from 67.7% to 66.6% over the past 5 years.
Debt Coverage: 6071's debt is well covered by operating cash flow (53.9%).
Interest Coverage: 6071's interest payments on its debt are well covered by EBIT (226.6x coverage).