Ichibanya Balance Sheet Health
Financial Health criteria checks 5/6
Ichibanya has a total shareholder equity of ¥31.4B and total debt of ¥70.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ¥44.0B and ¥12.7B respectively. Ichibanya's EBIT is ¥4.7B making its interest coverage ratio -168.4. It has cash and short-term investments of ¥15.9B.
Key information
0.2%
Debt to equity ratio
JP¥70.00m
Debt
Interest coverage ratio | -168.4x |
Cash | JP¥15.90b |
Equity | JP¥31.38b |
Total liabilities | JP¥12.66b |
Total assets | JP¥44.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7630's short term assets (¥21.5B) exceed its short term liabilities (¥7.2B).
Long Term Liabilities: 7630's short term assets (¥21.5B) exceed its long term liabilities (¥5.5B).
Debt to Equity History and Analysis
Debt Level: 7630 has more cash than its total debt.
Reducing Debt: 7630's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: 7630's debt is well covered by operating cash flow (8694.3%).
Interest Coverage: 7630 earns more interest than it pays, so coverage of interest payments is not a concern.