Ishizuka Glass Balance Sheet Health
Financial Health criteria checks 4/6
Ishizuka Glass has a total shareholder equity of ¥32.3B and total debt of ¥27.8B, which brings its debt-to-equity ratio to 85.8%. Its total assets and total liabilities are ¥92.1B and ¥59.8B respectively. Ishizuka Glass's EBIT is ¥5.5B making its interest coverage ratio 37.9. It has cash and short-term investments of ¥3.8B.
Key information
85.8%
Debt to equity ratio
JP¥27.77b
Debt
Interest coverage ratio | 37.9x |
Cash | JP¥3.78b |
Equity | JP¥32.35b |
Total liabilities | JP¥59.77b |
Total assets | JP¥92.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5204's short term assets (¥44.4B) exceed its short term liabilities (¥24.9B).
Long Term Liabilities: 5204's short term assets (¥44.4B) exceed its long term liabilities (¥34.9B).
Debt to Equity History and Analysis
Debt Level: 5204's net debt to equity ratio (74.1%) is considered high.
Reducing Debt: 5204's debt to equity ratio has increased from 80.4% to 85.8% over the past 5 years.
Debt Coverage: 5204's debt is well covered by operating cash flow (20.5%).
Interest Coverage: 5204's interest payments on its debt are well covered by EBIT (37.9x coverage).