Ikka HoldingsLtd Balance Sheet Health
Financial Health criteria checks 1/6
Ikka HoldingsLtd has a total shareholder equity of ¥930.0M and total debt of ¥3.4B, which brings its debt-to-equity ratio to 368%. Its total assets and total liabilities are ¥5.7B and ¥4.8B respectively. Ikka HoldingsLtd's EBIT is ¥22.0M making its interest coverage ratio 1. It has cash and short-term investments of ¥1.6B.
Key information
368.0%
Debt to equity ratio
JP¥3.42b
Debt
| Interest coverage ratio | 1x |
| Cash | JP¥1.61b |
| Equity | JP¥930.00m |
| Total liabilities | JP¥4.76b |
| Total assets | JP¥5.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7127's short term assets (¥2.1B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 7127's short term assets (¥2.1B) do not cover its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 7127's net debt to equity ratio (194.4%) 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 (7.2%).
Interest Coverage: 7127's interest payments on its debt are not well covered by EBIT (1x coverage).