IID Balance Sheet Health
Financial Health criteria checks 5/6
IID has a total shareholder equity of ¥4.2B and total debt of ¥684.0M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are ¥6.0B and ¥1.7B respectively. IID's EBIT is ¥595.0M making its interest coverage ratio -20.5. It has cash and short-term investments of ¥3.3B.
Key information
16.1%
Debt to equity ratio
JP¥684.00m
Debt
| Interest coverage ratio | -20.5x |
| Cash | JP¥3.33b |
| Equity | JP¥4.25b |
| Total liabilities | JP¥1.74b |
| Total assets | JP¥5.99b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6038's short term assets (¥4.5B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 6038's short term assets (¥4.5B) exceed its long term liabilities (¥608.0M).
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 2.5% to 16.1% over the past 5 years.
Debt Coverage: 6038's debt is well covered by operating cash flow (120.8%).
Interest Coverage: 6038 earns more interest than it pays, so coverage of interest payments is not a concern.