Ichimasa Kamaboko Balance Sheet Health
Financial Health criteria checks 5/6
Ichimasa Kamaboko has a total shareholder equity of ¥14.3B and total debt of ¥9.1B, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are ¥30.1B and ¥15.7B respectively. Ichimasa Kamaboko's EBIT is ¥1.2B making its interest coverage ratio 38.4. It has cash and short-term investments of ¥1.2B.
Key information
63.4%
Debt to equity ratio
JP¥9.09b
Debt
| Interest coverage ratio | 38.4x |
| Cash | JP¥1.19b |
| Equity | JP¥14.33b |
| Total liabilities | JP¥15.75b |
| Total assets | JP¥30.08b |
Recent financial health updates
No updates
Recent updates
We Think That There Are Issues Underlying Ichimasa Kamaboko's (TSE:2904) Earnings
Oct 03
Revenues Not Telling The Story For Ichimasa Kamaboko Co., Ltd. (TSE:2904)
Aug 06Ichimasa Kamaboko (TSE:2904) Will Pay A Dividend Of ¥12.00
Jun 19Ichimasa Kamaboko (TSE:2904) Has Affirmed Its Dividend Of ¥12.00
May 22Ichimasa Kamaboko's (TSE:2904) Dividend Will Be ¥12.00
Apr 24Ichimasa Kamaboko (TSE:2904) Has Affirmed Its Dividend Of ¥12.00
Mar 25Ichimasa Kamaboko (TSE:2904) Has Affirmed Its Dividend Of ¥12.00
Feb 29Financial Position Analysis
Short Term Liabilities: 2904's short term assets (¥9.6B) exceed its short term liabilities (¥7.8B).
Long Term Liabilities: 2904's short term assets (¥9.6B) exceed its long term liabilities (¥7.9B).
Debt to Equity History and Analysis
Debt Level: 2904's net debt to equity ratio (55.1%) is considered high.
Reducing Debt: 2904's debt to equity ratio has reduced from 73.6% to 63.4% over the past 5 years.
Debt Coverage: 2904's debt is well covered by operating cash flow (57.2%).
Interest Coverage: 2904's interest payments on its debt are well covered by EBIT (38.4x coverage).