iRidge Balance Sheet Health
Financial Health criteria checks 5/6
iRidge has a total shareholder equity of ¥2.5B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are ¥5.3B and ¥2.8B respectively. iRidge's EBIT is ¥308.0M making its interest coverage ratio 44. It has cash and short-term investments of ¥2.5B.
Key information
52.6%
Debt to equity ratio
JP¥1.30b
Debt
| Interest coverage ratio | 44x |
| Cash | JP¥2.47b |
| Equity | JP¥2.46b |
| Total liabilities | JP¥2.81b |
| Total assets | JP¥5.27b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3917's short term assets (¥4.0B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 3917's short term assets (¥4.0B) exceed its long term liabilities (¥596.0M).
Debt to Equity History and Analysis
Debt Level: 3917 has more cash than its total debt.
Reducing Debt: 3917's debt to equity ratio has increased from 5% to 52.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3917 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3917 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.6% per year.