International Conglomerate of Distribution for Automobile Holdings Balance Sheet Health
Financial Health criteria checks 5/6
International Conglomerate of Distribution for Automobile Holdings has a total shareholder equity of ¥9.8B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are ¥19.6B and ¥9.9B respectively. International Conglomerate of Distribution for Automobile Holdings's EBIT is ¥2.0B making its interest coverage ratio 245.4. It has cash and short-term investments of ¥1.1B.
Key information
38.9%
Debt to equity ratio
JP¥3.80b
Debt
| Interest coverage ratio | 245.4x |
| Cash | JP¥1.10b |
| Equity | JP¥9.76b |
| Total liabilities | JP¥9.85b |
| Total assets | JP¥19.62b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3184's short term assets (¥7.6B) do not cover its short term liabilities (¥8.7B).
Long Term Liabilities: 3184's short term assets (¥7.6B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 3184's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: 3184's debt to equity ratio has reduced from 87.7% to 38.9% over the past 5 years.
Debt Coverage: 3184's debt is well covered by operating cash flow (29.9%).
Interest Coverage: 3184's interest payments on its debt are well covered by EBIT (245.4x coverage).