Ikka HoldingsLtd Balance Sheet Health
Financial Health criteria checks 2/6
Ikka HoldingsLtd has a total shareholder equity of ¥1.1B and total debt of ¥2.8B, which brings its debt-to-equity ratio to 252.3%. Its total assets and total liabilities are ¥5.4B and ¥4.2B respectively. Ikka HoldingsLtd's EBIT is ¥278.0M making its interest coverage ratio 15.4. It has cash and short-term investments of ¥1.5B.
Key information
252.3%
Debt to equity ratio
JP¥2.81b
Debt
Interest coverage ratio | 15.4x |
Cash | JP¥1.51b |
Equity | JP¥1.11b |
Total liabilities | JP¥4.24b |
Total assets | JP¥5.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7127's short term assets (¥2.0B) exceed its short term liabilities (¥1.9B).
Long Term Liabilities: 7127's short term assets (¥2.0B) do not cover its long term liabilities (¥2.3B).
Debt to Equity History and Analysis
Debt Level: 7127's net debt to equity ratio (116.5%) is considered high.
Reducing Debt: Insufficient data to determine if 7127's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7127's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: 7127's interest payments on its debt are well covered by EBIT (15.4x coverage).