IX Knowledge Balance Sheet Health
Financial Health criteria checks 5/6
IX Knowledge has a total shareholder equity of ¥8.9B and total debt of ¥185.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥13.5B and ¥4.5B respectively. IX Knowledge's EBIT is ¥1.6B making its interest coverage ratio -30.6. It has cash and short-term investments of ¥5.6B.
Key information
2.1%
Debt to equity ratio
JP¥185.00m
Debt
| Interest coverage ratio | -30.6x |
| Cash | JP¥5.57b |
| Equity | JP¥8.93b |
| Total liabilities | JP¥4.53b |
| Total assets | JP¥13.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9753's short term assets (¥9.3B) exceed its short term liabilities (¥2.9B).
Long Term Liabilities: 9753's short term assets (¥9.3B) exceed its long term liabilities (¥1.6B).
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 (619.5%).
Interest Coverage: 9753 earns more interest than it pays, so coverage of interest payments is not a concern.