IID Balance Sheet Health
Financial Health criteria checks 5/6
IID has a total shareholder equity of ¥4.3B and total debt of ¥747.0M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are ¥6.3B and ¥2.0B respectively. IID's EBIT is ¥521.0M making its interest coverage ratio -18. It has cash and short-term investments of ¥3.6B.
Key information
17.5%
Debt to equity ratio
JP¥747.00m
Debt
| Interest coverage ratio | -18x |
| Cash | JP¥3.61b |
| Equity | JP¥4.27b |
| Total liabilities | JP¥2.00b |
| Total assets | JP¥6.27b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6038's short term assets (¥4.7B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 6038's short term assets (¥4.7B) exceed its long term liabilities (¥664.0M).
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 6.1% to 17.5% over the past 5 years.
Debt Coverage: 6038's debt is well covered by operating cash flow (110.6%).
Interest Coverage: 6038 earns more interest than it pays, so coverage of interest payments is not a concern.