Invincible Investment Balance Sheet Health
Financial Health criteria checks 2/6
Invincible Investment has a total shareholder equity of ¥290.3B and total debt of ¥269.1B, which brings its debt-to-equity ratio to 92.7%. Its total assets and total liabilities are ¥563.4B and ¥273.1B respectively. Invincible Investment's EBIT is ¥22.9B making its interest coverage ratio 12.4. It has cash and short-term investments of ¥22.0B.
Key information
92.7%
Debt to equity ratio
JP¥269.10b
Debt
Interest coverage ratio | 12.4x |
Cash | JP¥21.96b |
Equity | JP¥290.31b |
Total liabilities | JP¥273.09b |
Total assets | JP¥563.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8963's short term assets (¥45.5B) do not cover its short term liabilities (¥75.8B).
Long Term Liabilities: 8963's short term assets (¥45.5B) do not cover its long term liabilities (¥197.3B).
Debt to Equity History and Analysis
Debt Level: 8963's net debt to equity ratio (85.1%) is considered high.
Reducing Debt: 8963's debt to equity ratio has reduced from 103.8% to 92.7% over the past 5 years.
Debt Coverage: 8963's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: 8963's interest payments on its debt are well covered by EBIT (12.4x coverage).