Ishihara Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Ishihara Chemical has a total shareholder equity of ¥23.1B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥27.9B and ¥4.8B respectively. Ishihara Chemical's EBIT is ¥2.3B making its interest coverage ratio -47.5. It has cash and short-term investments of ¥6.5B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -47.5x |
Cash | JP¥6.54b |
Equity | JP¥23.11b |
Total liabilities | JP¥4.81b |
Total assets | JP¥27.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4462's short term assets (¥14.7B) exceed its short term liabilities (¥4.1B).
Long Term Liabilities: 4462's short term assets (¥14.7B) exceed its long term liabilities (¥730.0M).
Debt to Equity History and Analysis
Debt Level: 4462 is debt free.
Reducing Debt: 4462 has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.
Debt Coverage: 4462 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4462 has no debt, therefore coverage of interest payments is not a concern.