I-Net Balance Sheet Health
Financial Health criteria checks 5/6
I-Net has a total shareholder equity of ¥18.5B and total debt of ¥9.5B, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are ¥36.4B and ¥17.9B respectively. I-Net's EBIT is ¥2.3B making its interest coverage ratio -68.8. It has cash and short-term investments of ¥4.8B.
Key information
51.1%
Debt to equity ratio
JP¥9.49b
Debt
| Interest coverage ratio | -68.8x |
| Cash | JP¥4.76b |
| Equity | JP¥18.55b |
| Total liabilities | JP¥17.89b |
| Total assets | JP¥36.44b |
Recent financial health updates
Recent updates
I-Net (TSE:9600) Is Increasing Its Dividend To ¥28.00
Aug 29
I-Net (TSE:9600) Has Announced That It Will Be Increasing Its Dividend To ¥28.00
Aug 09I-Net Corp. (TSE:9600) Stock's 30% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 03I-Net (TSE:9600) Is Paying Out A Larger Dividend Than Last Year
Jul 26I-Net (TSE:9600) Is Increasing Its Dividend To ¥28.00
Jul 12I-Net's (TSE:9600) Earnings May Just Be The Starting Point
Jul 03Is I-Net (TSE:9600) Using Too Much Debt?
Jun 11I-Net (TSE:9600) Will Pay A Dividend Of ¥26.00
Mar 13I-Net's (TSE:9600) Dividend Will Be ¥26.00
Feb 28Financial Position Analysis
Short Term Liabilities: 9600's short term assets (¥12.7B) do not cover its short term liabilities (¥13.1B).
Long Term Liabilities: 9600's short term assets (¥12.7B) exceed its long term liabilities (¥4.8B).
Debt to Equity History and Analysis
Debt Level: 9600's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: 9600's debt to equity ratio has reduced from 57.5% to 51.1% over the past 5 years.
Debt Coverage: 9600's debt is well covered by operating cash flow (36.1%).
Interest Coverage: 9600 earns more interest than it pays, so coverage of interest payments is not a concern.