ISE Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
ISE Chemicals has a total shareholder equity of ¥32.1B and total debt of ¥600.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ¥38.9B and ¥6.8B respectively. ISE Chemicals's EBIT is ¥5.6B making its interest coverage ratio -1129. It has cash and short-term investments of ¥8.1B.
Key information
1.9%
Debt to equity ratio
JP¥600.00m
Debt
Interest coverage ratio | -1129x |
Cash | JP¥8.09b |
Equity | JP¥32.09b |
Total liabilities | JP¥6.84b |
Total assets | JP¥38.93b |
Financial Position Analysis
Short Term Liabilities: 4107's short term assets (¥22.7B) exceed its short term liabilities (¥5.4B).
Long Term Liabilities: 4107's short term assets (¥22.7B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 4107 has more cash than its total debt.
Reducing Debt: 4107's debt to equity ratio has reduced from 2.5% to 1.9% over the past 5 years.
Debt Coverage: 4107's debt is well covered by operating cash flow (728.2%).
Interest Coverage: 4107 earns more interest than it pays, so coverage of interest payments is not a concern.