ITbook HoldingsLtd Balance Sheet Health
Financial Health criteria checks 3/6
ITbook HoldingsLtd has a total shareholder equity of ¥3.1B and total debt of ¥9.6B, which brings its debt-to-equity ratio to 307.7%. Its total assets and total liabilities are ¥18.1B and ¥14.9B respectively. ITbook HoldingsLtd's EBIT is ¥695.9M making its interest coverage ratio 8.8. It has cash and short-term investments of ¥5.0B.
Key information
307.7%
Debt to equity ratio
JP¥9.60b
Debt
Interest coverage ratio | 8.8x |
Cash | JP¥4.99b |
Equity | JP¥3.12b |
Total liabilities | JP¥14.93b |
Total assets | JP¥18.05b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1447's short term assets (¥13.3B) exceed its short term liabilities (¥11.8B).
Long Term Liabilities: 1447's short term assets (¥13.3B) exceed its long term liabilities (¥3.1B).
Debt to Equity History and Analysis
Debt Level: 1447's net debt to equity ratio (147.7%) is considered high.
Reducing Debt: 1447's debt to equity ratio has increased from 206.3% to 307.7% over the past 5 years.
Debt Coverage: 1447's debt is not well covered by operating cash flow (6%).
Interest Coverage: 1447's interest payments on its debt are well covered by EBIT (8.8x coverage).