Iwatsuka Confectionery Balance Sheet Health
Financial Health criteria checks 4/6
Iwatsuka Confectionery has a total shareholder equity of ¥64.0B and total debt of ¥905.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ¥84.5B and ¥20.5B respectively. Iwatsuka Confectionery's EBIT is ¥637.0M making its interest coverage ratio -0.2. It has cash and short-term investments of ¥4.1B.
Key information
1.4%
Debt to equity ratio
JP¥905.00m
Debt
| Interest coverage ratio | -0.2x |
| Cash | JP¥4.05b |
| Equity | JP¥64.02b |
| Total liabilities | JP¥20.47b |
| Total assets | JP¥84.49b |
Recent financial health updates
Recent updates
Iwatsuka Confectionery's (TSE:2221) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 27
Iwatsuka Confectionery (TYO:2221) Hasn't Managed To Accelerate Its Returns
Apr 23Does Iwatsuka Confectionery (TYO:2221) Deserve A Spot On Your Watchlist?
Apr 06Should Iwatsuka Confectionery (TYO:2221) Be Disappointed With Their 38% Profit?
Mar 19Is Iwatsuka Confectionery Co., Ltd. (TYO:2221) An Attractive Dividend Stock?
Mar 01Iwatsuka Confectionery (TYO:2221) Seems To Use Debt Rather Sparingly
Feb 12What These Trends Mean At Iwatsuka Confectionery (TYO:2221)
Jan 22
Here's Why We Think Iwatsuka Confectionery (TYO:2221) Is Well Worth Watching
Dec 28Is There More To The Story Than Iwatsuka Confectionery's (TYO:2221) Earnings Growth?
Dec 06Financial Position Analysis
Short Term Liabilities: 2221's short term assets (¥13.3B) exceed its short term liabilities (¥3.9B).
Long Term Liabilities: 2221's short term assets (¥13.3B) do not cover its long term liabilities (¥16.6B).
Debt to Equity History and Analysis
Debt Level: 2221 has more cash than its total debt.
Reducing Debt: 2221's debt to equity ratio has increased from 0% to 1.4% over the past 5 years.
Debt Coverage: 2221's debt is well covered by operating cash flow (292.4%).
Interest Coverage: 2221 earns more interest than it pays, so coverage of interest payments is not a concern.