IID Balance Sheet Health
Financial Health criteria checks 5/6
IID has a total shareholder equity of ¥4.4B and total debt of ¥601.0M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are ¥6.1B and ¥1.7B respectively. IID's EBIT is ¥552.0M making its interest coverage ratio -22.1. It has cash and short-term investments of ¥3.2B.
Key information
13.6%
Debt to equity ratio
JP¥601.00m
Debt
Interest coverage ratio | -22.1x |
Cash | JP¥3.15b |
Equity | JP¥4.41b |
Total liabilities | JP¥1.73b |
Total assets | JP¥6.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6038's short term assets (¥4.4B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 6038's short term assets (¥4.4B) exceed its long term liabilities (¥565.0M).
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 7.8% to 13.6% over the past 5 years.
Debt Coverage: 6038's debt is well covered by operating cash flow (114.8%).
Interest Coverage: 6038 earns more interest than it pays, so coverage of interest payments is not a concern.