infoNet Balance Sheet Health
Financial Health criteria checks 5/6
infoNet has a total shareholder equity of ¥1.0B and total debt of ¥207.0M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are ¥1.6B and ¥588.0M respectively. infoNet's EBIT is ¥189.0M making its interest coverage ratio 94.5. It has cash and short-term investments of ¥509.0M.
Key information
19.9%
Debt to equity ratio
JP¥207.00m
Debt
Interest coverage ratio | 94.5x |
Cash | JP¥509.00m |
Equity | JP¥1.04b |
Total liabilities | JP¥588.00m |
Total assets | JP¥1.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4444's short term assets (¥993.0M) exceed its short term liabilities (¥398.0M).
Long Term Liabilities: 4444's short term assets (¥993.0M) exceed its long term liabilities (¥190.0M).
Debt to Equity History and Analysis
Debt Level: 4444 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4444's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4444's debt is well covered by operating cash flow (59.4%).
Interest Coverage: 4444's interest payments on its debt are well covered by EBIT (94.5x coverage).