Ichikura Balance Sheet Health
Financial Health criteria checks 3/6
Ichikura has a total shareholder equity of ¥4.5B and total debt of ¥5.7B, which brings its debt-to-equity ratio to 126%. Its total assets and total liabilities are ¥20.1B and ¥15.6B respectively. Ichikura's EBIT is ¥266.0M making its interest coverage ratio 26.6. It has cash and short-term investments of ¥5.0B.
Key information
126.0%
Debt to equity ratio
JP¥5.71b
Debt
Interest coverage ratio | 26.6x |
Cash | JP¥4.99b |
Equity | JP¥4.53b |
Total liabilities | JP¥15.58b |
Total assets | JP¥20.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6186's short term assets (¥10.5B) do not cover its short term liabilities (¥12.3B).
Long Term Liabilities: 6186's short term assets (¥10.5B) exceed its long term liabilities (¥3.3B).
Debt to Equity History and Analysis
Debt Level: 6186's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 6186's debt to equity ratio has increased from 88.7% to 126% over the past 5 years.
Debt Coverage: 6186's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 6186's interest payments on its debt are well covered by EBIT (26.6x coverage).