Inpex Balance Sheet Health
Financial Health criteria checks 5/6
Inpex has a total shareholder equity of ¥5,243.7B and total debt of ¥1,213.8B, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are ¥7,765.6B and ¥2,522.0B respectively. Inpex's EBIT is ¥1,142.7B making its interest coverage ratio 25.3. It has cash and short-term investments of ¥233.2B.
Key information
23.1%
Debt to equity ratio
JP¥1.21t
Debt
| Interest coverage ratio | 25.3x |
| Cash | JP¥233.16b |
| Equity | JP¥5.24t |
| Total liabilities | JP¥2.52t |
| Total assets | JP¥7.77t |
Recent financial health updates
Recent updates
Not Many Are Piling Into Inpex Corporation (TSE:1605) Stock Yet As It Plummets 28%
Aug 05
Is Inpex (TSE:1605) A Risky Investment?
Jul 30Is Inpex Corporation (TSE:1605) Worth JP¥2.4k Based On Its Intrinsic Value?
Jul 13Inpex's (TSE:1605) Upcoming Dividend Will Be Larger Than Last Year's
Jun 24Inpex (TSE:1605) Is Increasing Its Dividend To ¥38.00
May 21Inpex's (TSE:1605) Upcoming Dividend Will Be Larger Than Last Year's
Apr 26Inpex (TSE:1605) Will Pay A Larger Dividend Than Last Year At ¥38.00
Apr 11Returns On Capital Are Showing Encouraging Signs At Inpex (TSE:1605)
Mar 19Inpex Corporation's (TSE:1605) Share Price Is Matching Sentiment Around Its Earnings
Mar 02Financial Position Analysis
Short Term Liabilities: 1605's short term assets (¥1,119.9B) exceed its short term liabilities (¥778.0B).
Long Term Liabilities: 1605's short term assets (¥1,119.9B) do not cover its long term liabilities (¥1,743.9B).
Debt to Equity History and Analysis
Debt Level: 1605's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: 1605's debt to equity ratio has reduced from 36.1% to 23.1% over the past 5 years.
Debt Coverage: 1605's debt is well covered by operating cash flow (58.7%).
Interest Coverage: 1605's interest payments on its debt are well covered by EBIT (25.3x coverage).