INEST Balance Sheet Health
Financial Health criteria checks 4/6
INEST has a total shareholder equity of ¥4.8B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 64.3%. Its total assets and total liabilities are ¥12.9B and ¥8.1B respectively. INEST's EBIT is ¥89.0M making its interest coverage ratio 1.4. It has cash and short-term investments of ¥1.7B.
Key information
64.3%
Debt to equity ratio
JP¥3.08b
Debt
| Interest coverage ratio | 1.4x |
| Cash | JP¥1.72b |
| Equity | JP¥4.79b |
| Total liabilities | JP¥8.11b |
| Total assets | JP¥12.90b |
Financial Position Analysis
Short Term Liabilities: 7111's short term assets (¥4.4B) exceed its short term liabilities (¥3.8B).
Long Term Liabilities: 7111's short term assets (¥4.4B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 7111's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: 7111's debt to equity ratio has reduced from 74.3% to 64.3% over the past 5 years.
Debt Coverage: 7111's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: 7111's interest payments on its debt are not well covered by EBIT (1.4x coverage).