I-PEX Balance Sheet Health
Financial Health criteria checks 6/6
I-PEX has a total shareholder equity of ¥59.6B and total debt of ¥18.2B, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are ¥93.9B and ¥34.4B respectively. I-PEX's EBIT is ¥692.0M making its interest coverage ratio 6.2. It has cash and short-term investments of ¥17.2B.
Key information
30.5%
Debt to equity ratio
JP¥18.16b
Debt
Interest coverage ratio | 6.2x |
Cash | JP¥17.20b |
Equity | JP¥59.57b |
Total liabilities | JP¥34.35b |
Total assets | JP¥93.92b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6640's short term assets (¥46.3B) exceed its short term liabilities (¥19.7B).
Long Term Liabilities: 6640's short term assets (¥46.3B) exceed its long term liabilities (¥14.7B).
Debt to Equity History and Analysis
Debt Level: 6640's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: 6640's debt to equity ratio has reduced from 34.6% to 30.5% over the past 5 years.
Debt Coverage: 6640's debt is well covered by operating cash flow (37.8%).
Interest Coverage: 6640's interest payments on its debt are well covered by EBIT (6.2x coverage).