Ichiyoshi Securities Balance Sheet Health
Financial Health criteria checks 5/6
Ichiyoshi Securities has a total shareholder equity of ¥29.0B and total debt of ¥338.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ¥46.6B and ¥17.6B respectively.
Key information
1.2%
Debt to equity ratio
JP¥338.00m
Debt
Interest coverage ratio | n/a |
Cash | JP¥26.31b |
Equity | JP¥29.01b |
Total liabilities | JP¥17.64b |
Total assets | JP¥46.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8624's short term assets (¥40.6B) exceed its short term liabilities (¥17.3B).
Long Term Liabilities: 8624's short term assets (¥40.6B) exceed its long term liabilities (¥335.0M).
Debt to Equity History and Analysis
Debt Level: 8624 has more cash than its total debt.
Reducing Debt: 8624's debt to equity ratio has reduced from 2.9% to 1.2% over the past 5 years.
Debt Coverage: 8624's debt is well covered by operating cash flow (1079.9%).
Interest Coverage: Insufficient data to determine if 8624's interest payments on its debt are well covered by EBIT.