Iwatsu Electric Balance Sheet Health
Financial Health criteria checks 3/6
Iwatsu Electric has a total shareholder equity of ¥30.0B and total debt of ¥6.0B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are ¥46.7B and ¥16.7B respectively.
Key information
20.1%
Debt to equity ratio
JP¥6.03b
Debt
Interest coverage ratio | n/a |
Cash | JP¥7.35b |
Equity | JP¥29.99b |
Total liabilities | JP¥16.74b |
Total assets | JP¥46.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6704's short term assets (¥19.2B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 6704's short term assets (¥19.2B) exceed its long term liabilities (¥13.1B).
Debt to Equity History and Analysis
Debt Level: 6704 has more cash than its total debt.
Reducing Debt: 6704's debt to equity ratio has increased from 0.4% to 20.1% over the past 5 years.
Debt Coverage: 6704's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: Insufficient data to determine if 6704's interest payments on its debt are well covered by EBIT.