IbidenLtd Balance Sheet Health
Financial Health criteria checks 5/6
IbidenLtd has a total shareholder equity of ¥468.2B and total debt of ¥316.8B, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are ¥906.5B and ¥438.3B respectively. IbidenLtd's EBIT is ¥48.1B making its interest coverage ratio -20.6. It has cash and short-term investments of ¥277.4B.
Key information
67.7%
Debt to equity ratio
JP¥316.83b
Debt
Interest coverage ratio | -20.6x |
Cash | JP¥277.41b |
Equity | JP¥468.17b |
Total liabilities | JP ¥438.29b |
Total assets | JP¥906.46b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4062's short term assets (¥453.2B) exceed its short term liabilities (¥249.6B).
Long Term Liabilities: 4062's short term assets (¥453.2B) exceed its long term liabilities (¥188.7B).
Debt to Equity History and Analysis
Debt Level: 4062's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: 4062's debt to equity ratio has increased from 25.9% to 67.7% over the past 5 years.
Debt Coverage: 4062's debt is well covered by operating cash flow (21.3%).
Interest Coverage: 4062 earns more interest than it pays, so coverage of interest payments is not a concern.