infoNet Balance Sheet Health
Financial Health criteria checks 5/6
infoNet has a total shareholder equity of ¥1.0B and total debt of ¥338.0M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are ¥1.7B and ¥701.0M respectively. infoNet's EBIT is ¥170.0M making its interest coverage ratio 56.7. It has cash and short-term investments of ¥629.0M.
Key information
33.1%
Debt to equity ratio
JP¥338.00m
Debt
| Interest coverage ratio | 56.7x |
| Cash | JP¥629.00m |
| Equity | JP¥1.02b |
| Total liabilities | JP¥701.00m |
| Total assets | JP¥1.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4444's short term assets (¥995.0M) exceed its short term liabilities (¥410.0M).
Long Term Liabilities: 4444's short term assets (¥995.0M) exceed its long term liabilities (¥291.0M).
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 (36.4%).
Interest Coverage: 4444's interest payments on its debt are well covered by EBIT (56.7x coverage).