I-PEX Balance Sheet Health
Financial Health criteria checks 6/6
I-PEX has a total shareholder equity of ¥62.0B and total debt of ¥16.6B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are ¥96.1B and ¥34.1B respectively. I-PEX's EBIT is ¥1.9B making its interest coverage ratio 21.2. It has cash and short-term investments of ¥16.7B.
Key information
26.8%
Debt to equity ratio
JP¥16.63b
Debt
| Interest coverage ratio | 21.2x |
| Cash | JP¥16.70b |
| Equity | JP¥62.01b |
| Total liabilities | JP¥34.10b |
| Total assets | JP¥96.10b |
Recent financial health updates
Recent updates
Shareholders Can Be Confident That I-PEX's (TSE:6640) Earnings Are High Quality
Aug 21
I-PEX Inc. (TSE:6640) Shares May Have Slumped 38% But Getting In Cheap Is Still Unlikely
Aug 05Is I-PEX (TSE:6640) Using Too Much Debt?
Aug 02Market Participants Recognise I-PEX Inc.'s (TSE:6640) Revenues Pushing Shares 25% Higher
May 23Financial Position Analysis
Short Term Liabilities: 6640's short term assets (¥48.2B) exceed its short term liabilities (¥20.6B).
Long Term Liabilities: 6640's short term assets (¥48.2B) exceed its long term liabilities (¥13.5B).
Debt to Equity History and Analysis
Debt Level: 6640 has more cash than its total debt.
Reducing Debt: 6640's debt to equity ratio has reduced from 37.6% to 26.8% over the past 5 years.
Debt Coverage: 6640's debt is well covered by operating cash flow (51.7%).
Interest Coverage: 6640's interest payments on its debt are well covered by EBIT (21.2x coverage).