ISB Balance Sheet Health
Financial Health criteria checks 6/6
ISB has a total shareholder equity of ¥12.2B and total debt of ¥120.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ¥18.1B and ¥5.9B respectively. ISB's EBIT is ¥2.8B making its interest coverage ratio -100.4. It has cash and short-term investments of ¥8.4B.
Key information
1.0%
Debt to equity ratio
JP¥120.00m
Debt
Interest coverage ratio | -100.4x |
Cash | JP¥8.38b |
Equity | JP¥12.22b |
Total liabilities | JP¥5.88b |
Total assets | JP¥18.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9702's short term assets (¥15.3B) exceed its short term liabilities (¥5.4B).
Long Term Liabilities: 9702's short term assets (¥15.3B) exceed its long term liabilities (¥519.0M).
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 46.6% to 1% over the past 5 years.
Debt Coverage: 9702's debt is well covered by operating cash flow (1620.8%).
Interest Coverage: 9702 earns more interest than it pays, so coverage of interest payments is not a concern.