Ishii Food Balance Sheet Health
Financial Health criteria checks 6/6
Ishii Food has a total shareholder equity of ¥3.2B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are ¥7.7B and ¥4.6B respectively. Ishii Food's EBIT is ¥641.0M making its interest coverage ratio -91.6. It has cash and short-term investments of ¥2.4B.
Key information
59.9%
Debt to equity ratio
JP¥1.90b
Debt
Interest coverage ratio | -91.6x |
Cash | JP¥2.37b |
Equity | JP¥3.17b |
Total liabilities | JP¥4.56b |
Total assets | JP¥7.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2894's short term assets (¥4.6B) exceed its short term liabilities (¥3.9B).
Long Term Liabilities: 2894's short term assets (¥4.6B) exceed its long term liabilities (¥664.0M).
Debt to Equity History and Analysis
Debt Level: 2894 has more cash than its total debt.
Reducing Debt: 2894's debt to equity ratio has reduced from 67.6% to 59.9% over the past 5 years.
Debt Coverage: 2894's debt is well covered by operating cash flow (49.4%).
Interest Coverage: 2894 earns more interest than it pays, so coverage of interest payments is not a concern.