Ichigo Balance Sheet Health
Financial Health criteria checks 2/6
Ichigo has a total shareholder equity of ¥115.5B and total debt of ¥246.7B, which brings its debt-to-equity ratio to 213.6%. Its total assets and total liabilities are ¥378.5B and ¥263.0B respectively. Ichigo's EBIT is ¥14.7B making its interest coverage ratio 7. It has cash and short-term investments of ¥60.0B.
Key information
213.6%
Debt to equity ratio
JP¥246.70b
Debt
| Interest coverage ratio | 7x |
| Cash | JP¥59.96b |
| Equity | JP¥115.50b |
| Total liabilities | JP¥263.00b |
| Total assets | JP¥378.50b |
Recent financial health updates
Recent updates
Estimating The Fair Value Of Ichigo Inc. (TSE:2337)
Aug 19
Revenue Beat: Ichigo Inc. Exceeded Revenue Forecasts By 106% And Analysts Are Updating Their Estimates
Jul 15Ichigo Inc.'s (TSE:2337) Price In Tune With Earnings
Jul 12Ichigo (TSE:2337) Use Of Debt Could Be Considered Risky
May 24Ichigo's (TSE:2337) Profits Appear To Have Quality Issues
Apr 23Ichigo Inc. Just Beat Revenue By 11%: Here's What Analysts Think Will Happen Next
Apr 18Ichigo (TSE:2337) Has Announced A Dividend Of ¥8.00
Feb 26Financial Position Analysis
Short Term Liabilities: 2337's short term assets (¥172.3B) exceed its short term liabilities (¥40.3B).
Long Term Liabilities: 2337's short term assets (¥172.3B) do not cover its long term liabilities (¥222.7B).
Debt to Equity History and Analysis
Debt Level: 2337's net debt to equity ratio (161.7%) is considered high.
Reducing Debt: 2337's debt to equity ratio has increased from 198.1% to 213.6% over the past 5 years.
Debt Coverage: 2337's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: 2337's interest payments on its debt are well covered by EBIT (7x coverage).