Ifuji Sangyo Balance Sheet Health
Financial Health criteria checks 5/6
Ifuji Sangyo has a total shareholder equity of ¥9.7B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are ¥14.6B and ¥4.9B respectively. Ifuji Sangyo's EBIT is ¥1.8B making its interest coverage ratio 252.4. It has cash and short-term investments of ¥3.2B.
Key information
26.1%
Debt to equity ratio
JP¥2.53b
Debt
| Interest coverage ratio | 252.4x |
| Cash | JP¥3.15b |
| Equity | JP¥9.69b |
| Total liabilities | JP¥4.94b |
| Total assets | JP¥14.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2924's short term assets (¥9.4B) exceed its short term liabilities (¥4.5B).
Long Term Liabilities: 2924's short term assets (¥9.4B) exceed its long term liabilities (¥419.0M).
Debt to Equity History and Analysis
Debt Level: 2924 has more cash than its total debt.
Reducing Debt: 2924's debt to equity ratio has reduced from 48% to 26.1% over the past 5 years.
Debt Coverage: 2924's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2924's interest payments on its debt are well covered by EBIT (252.4x coverage).