INES Balance Sheet Health
Financial Health criteria checks 5/6
INES has a total shareholder equity of ¥37.8B and total debt of ¥5.0B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are ¥54.4B and ¥16.6B respectively. INES's EBIT is ¥2.9B making its interest coverage ratio -42.3. It has cash and short-term investments of ¥6.5B.
Key information
13.2%
Debt to equity ratio
JP¥5.00b
Debt
Interest coverage ratio | -42.3x |
Cash | JP¥6.48b |
Equity | JP¥37.79b |
Total liabilities | JP¥16.64b |
Total assets | JP¥54.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9742's short term assets (¥20.3B) exceed its short term liabilities (¥7.6B).
Long Term Liabilities: 9742's short term assets (¥20.3B) exceed its long term liabilities (¥9.0B).
Debt to Equity History and Analysis
Debt Level: 9742 has more cash than its total debt.
Reducing Debt: 9742's debt to equity ratio has increased from 0% to 13.2% over the past 5 years.
Debt Coverage: 9742's debt is well covered by operating cash flow (42.8%).
Interest Coverage: 9742 earns more interest than it pays, so coverage of interest payments is not a concern.