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 ¥9.1B and total debt of ¥3.4B, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are ¥18.8B and ¥9.7B respectively. International Conglomerate of Distribution for Automobile Holdings's EBIT is ¥1.5B making its interest coverage ratio 752. It has cash and short-term investments of ¥622.0M.
Key information
37.1%
Debt to equity ratio
JP¥3.39b
Debt
Interest coverage ratio | 752x |
Cash | JP¥622.00m |
Equity | JP¥9.13b |
Total liabilities | JP¥9.68b |
Total assets | JP¥18.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3184's short term assets (¥7.6B) do not cover its short term liabilities (¥8.5B).
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 (30.3%) is considered satisfactory.
Reducing Debt: 3184's debt to equity ratio has reduced from 109.7% to 37.1% over the past 5 years.
Debt Coverage: 3184's debt is well covered by operating cash flow (87.1%).
Interest Coverage: 3184's interest payments on its debt are well covered by EBIT (752x coverage).