I'rom Group Balance Sheet Health
Financial Health criteria checks 3/6
I'rom Group has a total shareholder equity of ¥12.8B and total debt of ¥18.5B, which brings its debt-to-equity ratio to 144.6%. Its total assets and total liabilities are ¥37.1B and ¥24.4B respectively. I'rom Group's EBIT is ¥1.1B making its interest coverage ratio 7.3. It has cash and short-term investments of ¥8.7B.
Key information
144.6%
Debt to equity ratio
JP¥18.46b
Debt
Interest coverage ratio | 7.3x |
Cash | JP¥8.67b |
Equity | JP¥12.77b |
Total liabilities | JP¥24.38b |
Total assets | JP¥37.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2372's short term assets (¥15.4B) exceed its short term liabilities (¥12.5B).
Long Term Liabilities: 2372's short term assets (¥15.4B) exceed its long term liabilities (¥11.9B).
Debt to Equity History and Analysis
Debt Level: 2372's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: 2372's debt to equity ratio has increased from 86.1% to 144.6% over the past 5 years.
Debt Coverage: 2372's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: 2372's interest payments on its debt are well covered by EBIT (7.3x coverage).