Ichimasa Kamaboko Balance Sheet Health
Financial Health criteria checks 4/6
Ichimasa Kamaboko has a total shareholder equity of ¥14.1B and total debt of ¥11.1B, which brings its debt-to-equity ratio to 78.8%. Its total assets and total liabilities are ¥33.0B and ¥18.9B respectively. Ichimasa Kamaboko's EBIT is ¥395.0M making its interest coverage ratio 14.6. It has cash and short-term investments of ¥2.0B.
Key information
78.8%
Debt to equity ratio
JP¥11.12b
Debt
| Interest coverage ratio | 14.6x |
| Cash | JP¥1.96b |
| Equity | JP¥14.12b |
| Total liabilities | JP¥18.91b |
| Total assets | JP¥33.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2904's short term assets (¥13.1B) exceed its short term liabilities (¥11.0B).
Long Term Liabilities: 2904's short term assets (¥13.1B) exceed its long term liabilities (¥7.9B).
Debt to Equity History and Analysis
Debt Level: 2904's net debt to equity ratio (64.9%) is considered high.
Reducing Debt: 2904's debt to equity ratio has reduced from 80.7% to 78.8% over the past 5 years.
Debt Coverage: 2904's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: 2904's interest payments on its debt are well covered by EBIT (14.6x coverage).