IID Balance Sheet Health
Financial Health criteria checks 5/6
IID has a total shareholder equity of ¥4.3B and total debt of ¥349.0M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ¥5.7B and ¥1.4B respectively. IID's EBIT is ¥541.0M making its interest coverage ratio -90.2. It has cash and short-term investments of ¥2.8B.
Key information
8.2%
Debt to equity ratio
JP¥349.00m
Debt
Interest coverage ratio | -90.2x |
Cash | JP¥2.82b |
Equity | JP¥4.27b |
Total liabilities | JP¥1.44b |
Total assets | JP¥5.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6038's short term assets (¥4.1B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 6038's short term assets (¥4.1B) exceed its long term liabilities (¥364.0M).
Debt to Equity History and Analysis
Debt Level: 6038 has more cash than its total debt.
Reducing Debt: 6038's debt to equity ratio has increased from 7.5% to 8.2% over the past 5 years.
Debt Coverage: 6038's debt is well covered by operating cash flow (197.7%).
Interest Coverage: 6038 earns more interest than it pays, so coverage of interest payments is not a concern.