I'rom Group Balance Sheet Health
Financial Health criteria checks 2/6
I'rom Group has a total shareholder equity of ¥12.6B and total debt of ¥17.2B, which brings its debt-to-equity ratio to 135.7%. Its total assets and total liabilities are ¥35.3B and ¥22.7B respectively. I'rom Group's EBIT is ¥430.0M making its interest coverage ratio 2.6. It has cash and short-term investments of ¥8.7B.
Key information
135.7%
Debt to equity ratio
JP¥17.16b
Debt
| Interest coverage ratio | 2.6x |
| Cash | JP¥8.71b |
| Equity | JP¥12.64b |
| Total liabilities | JP¥22.67b |
| Total assets | JP¥35.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2372's short term assets (¥14.3B) exceed its short term liabilities (¥11.8B).
Long Term Liabilities: 2372's short term assets (¥14.3B) exceed its long term liabilities (¥10.9B).
Debt to Equity History and Analysis
Debt Level: 2372's net debt to equity ratio (66.9%) is considered high.
Reducing Debt: 2372's debt to equity ratio has increased from 80.8% to 135.7% over the past 5 years.
Debt Coverage: 2372's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: 2372's interest payments on its debt are not well covered by EBIT (2.6x coverage).