Iriso Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Iriso Electronics has a total shareholder equity of ¥72.7B and total debt of ¥6.5B, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are ¥91.4B and ¥18.7B respectively. Iriso Electronics's EBIT is ¥6.5B making its interest coverage ratio -47. It has cash and short-term investments of ¥23.6B.
Key information
8.9%
Debt to equity ratio
JP¥6.50b
Debt
| Interest coverage ratio | -47x |
| Cash | JP¥23.62b |
| Equity | JP¥72.75b |
| Total liabilities | JP¥18.70b |
| Total assets | JP¥91.45b |
Financial Position Analysis
Short Term Liabilities: 6908's short term assets (¥52.4B) exceed its short term liabilities (¥12.5B).
Long Term Liabilities: 6908's short term assets (¥52.4B) exceed its long term liabilities (¥6.2B).
Debt to Equity History and Analysis
Debt Level: 6908 has more cash than its total debt.
Reducing Debt: 6908's debt to equity ratio has increased from 1% to 8.9% over the past 5 years.
Debt Coverage: 6908's debt is well covered by operating cash flow (176.3%).
Interest Coverage: 6908 earns more interest than it pays, so coverage of interest payments is not a concern.