Ishihara Sangyo KaishaLtd Balance Sheet Health
Financial Health criteria checks 3/6
Ishihara Sangyo KaishaLtd has a total shareholder equity of ¥101.3B and total debt of ¥77.8B, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are ¥230.6B and ¥129.3B respectively. Ishihara Sangyo KaishaLtd's EBIT is ¥7.3B making its interest coverage ratio 37.8. It has cash and short-term investments of ¥34.9B.
Key information
76.9%
Debt to equity ratio
JP¥77.82b
Debt
Interest coverage ratio | 37.8x |
Cash | JP¥34.91b |
Equity | JP¥101.25b |
Total liabilities | JP¥129.33b |
Total assets | JP¥230.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4028's short term assets (¥163.2B) exceed its short term liabilities (¥66.0B).
Long Term Liabilities: 4028's short term assets (¥163.2B) exceed its long term liabilities (¥63.3B).
Debt to Equity History and Analysis
Debt Level: 4028's net debt to equity ratio (42.4%) is considered high.
Reducing Debt: 4028's debt to equity ratio has increased from 56.9% to 76.9% over the past 5 years.
Debt Coverage: 4028's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4028's interest payments on its debt are well covered by EBIT (37.8x coverage).