Innotech Balance Sheet Health
Financial Health criteria checks 4/6
Innotech has a total shareholder equity of ¥25.1B and total debt of ¥10.5B, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are ¥47.1B and ¥22.0B respectively.
Key information
41.6%
Debt to equity ratio
JP¥10.46b
Debt
Interest coverage ratio | n/a |
Cash | JP¥8.11b |
Equity | JP¥25.15b |
Total liabilities | JP¥21.98b |
Total assets | JP¥47.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9880's short term assets (¥30.0B) exceed its short term liabilities (¥19.6B).
Long Term Liabilities: 9880's short term assets (¥30.0B) exceed its long term liabilities (¥2.3B).
Debt to Equity History and Analysis
Debt Level: 9880's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: 9880's debt to equity ratio has increased from 21.9% to 41.6% over the past 5 years.
Debt Coverage: 9880's debt is well covered by operating cash flow (28.9%).
Interest Coverage: Insufficient data to determine if 9880's interest payments on its debt are well covered by EBIT.