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 ratio44x
CashJP¥2.47b
EquityJP¥2.46b
Total liabilitiesJP¥2.81b
Total assetsJP¥5.27b

Recent financial health updates

Recent updates

A Piece Of The Puzzle Missing From iRidge, Inc.'s (TSE:3917) 25% Share Price Climb

Dec 03
A Piece Of The Puzzle Missing From iRidge, Inc.'s (TSE:3917) 25% Share Price Climb

These 4 Measures Indicate That iRidge (TSE:3917) Is Using Debt Reasonably Well

Nov 08
These 4 Measures Indicate That iRidge (TSE:3917) Is Using Debt Reasonably Well

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.


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