Innovation HoldingsLTD Balance Sheet Health
Financial Health criteria checks 5/6
Innovation HoldingsLTD has a total shareholder equity of ¥3.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥14.2B and ¥10.7B respectively.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥3.46b |
| Equity | JP¥3.46b |
| Total liabilities | JP¥10.70b |
| Total assets | JP¥14.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3484's short term assets (¥5.8B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 3484's short term assets (¥5.8B) do not cover its long term liabilities (¥8.2B).
Debt to Equity History and Analysis
Debt Level: 3484 is debt free.
Reducing Debt: 3484 has not had any debt for past 5 years.
Debt Coverage: 3484 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3484 has no debt, therefore coverage of interest payments is not a concern.