I.A Group Balance Sheet Health
Financial Health criteria checks 6/6
I.A Group has a total shareholder equity of ¥14.4B and total debt of ¥6.0B, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are ¥28.4B and ¥14.0B respectively. I.A Group's EBIT is ¥1.5B making its interest coverage ratio 100.8. It has cash and short-term investments of ¥1.5B.
Key information
41.6%
Debt to equity ratio
JP¥6.00b
Debt
Interest coverage ratio | 100.8x |
Cash | JP¥1.46b |
Equity | JP¥14.40b |
Total liabilities | JP¥14.03b |
Total assets | JP¥28.43b |
Financial Position Analysis
Short Term Liabilities: 7509's short term assets (¥11.7B) exceed its short term liabilities (¥9.1B).
Long Term Liabilities: 7509's short term assets (¥11.7B) exceed its long term liabilities (¥5.0B).
Debt to Equity History and Analysis
Debt Level: 7509's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: 7509's debt to equity ratio has reduced from 86.5% to 41.6% over the past 5 years.
Debt Coverage: 7509's debt is well covered by operating cash flow (32.7%).
Interest Coverage: 7509's interest payments on its debt are well covered by EBIT (100.8x coverage).