IX Knowledge Balance Sheet Health
Financial Health criteria checks 5/6
IX Knowledge has a total shareholder equity of ¥8.8B and total debt of ¥200.0M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ¥13.7B and ¥4.8B respectively. IX Knowledge's EBIT is ¥1.7B making its interest coverage ratio -36. It has cash and short-term investments of ¥5.8B.
Key information
2.3%
Debt to equity ratio
JP¥200.00m
Debt
Interest coverage ratio | -36x |
Cash | JP¥5.81b |
Equity | JP¥8.81b |
Total liabilities | JP¥4.84b |
Total assets | JP¥13.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9753's short term assets (¥9.5B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: 9753's short term assets (¥9.5B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 9753 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9753's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9753's debt is well covered by operating cash flow (573%).
Interest Coverage: 9753 earns more interest than it pays, so coverage of interest payments is not a concern.