ISB Balance Sheet Health
Financial Health criteria checks 6/6
ISB has a total shareholder equity of ¥12.9B and total debt of ¥120.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ¥18.3B and ¥5.4B respectively. ISB's EBIT is ¥2.8B making its interest coverage ratio -67. It has cash and short-term investments of ¥8.8B.
Key information
0.9%
Debt to equity ratio
JP¥120.00m
Debt
| Interest coverage ratio | -67x |
| Cash | JP¥8.77b |
| Equity | JP¥12.94b |
| Total liabilities | JP¥5.36b |
| Total assets | JP¥18.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9702's short term assets (¥15.4B) exceed its short term liabilities (¥4.8B).
Long Term Liabilities: 9702's short term assets (¥15.4B) exceed its long term liabilities (¥509.6M).
Debt to Equity History and Analysis
Debt Level: 9702 has more cash than its total debt.
Reducing Debt: 9702's debt to equity ratio has reduced from 29% to 0.9% over the past 5 years.
Debt Coverage: 9702's debt is well covered by operating cash flow (1670.8%).
Interest Coverage: 9702 earns more interest than it pays, so coverage of interest payments is not a concern.