Internet Initiative Japan Balance Sheet Health
Financial Health criteria checks 6/6
Internet Initiative Japan has a total shareholder equity of ¥128.5B and total debt of ¥28.4B, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are ¥278.9B and ¥150.4B respectively. Internet Initiative Japan's EBIT is ¥28.6B making its interest coverage ratio 205.5. It has cash and short-term investments of ¥29.8B.
Key information
22.1%
Debt to equity ratio
JP¥28.42b
Debt
Interest coverage ratio | 205.5x |
Cash | JP¥29.78b |
Equity | JP¥128.50b |
Total liabilities | JP¥150.44b |
Total assets | JP¥278.94b |
Recent financial health updates
Recent updates
Internet Initiative Japan (TSE:3774) Is Increasing Its Dividend To ¥17.50
Sep 07Internet Initiative Japan Inc.'s (TSE:3774) P/E Is Still On The Mark Following 26% Share Price Bounce
Sep 01Internet Initiative Japan (TSE:3774) Is Increasing Its Dividend To ¥17.50
Aug 23Results: Internet Initiative Japan Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 12Internet Initiative Japan (TSE:3774) Is Increasing Its Dividend To ¥17.50
Aug 09Here's Why We Think Internet Initiative Japan (TSE:3774) Might Deserve Your Attention Today
Jul 13Internet Initiative Japan (TSE:3774) Is Looking To Continue Growing Its Returns On Capital
Jun 27We Think Internet Initiative Japan (TSE:3774) Can Manage Its Debt With Ease
Apr 30Internet Initiative Japan Inc.'s (TSE:3774) Popularity With Investors Is Clear
Apr 13Internet Initiative Japan (TSE:3774) Will Pay A Dividend Of ¥17.18
Mar 27Internet Initiative Japan (TSE:3774) Has Announced A Dividend Of ¥17.18
Mar 12Internet Initiative Japan (TSE:3774) Is Experiencing Growth In Returns On Capital
Mar 11Internet Initiative Japan (TSE:3774) Has Announced A Dividend Of ¥17.18
Feb 26Financial Position Analysis
Short Term Liabilities: 3774's short term assets (¥112.4B) exceed its short term liabilities (¥97.6B).
Long Term Liabilities: 3774's short term assets (¥112.4B) exceed its long term liabilities (¥52.9B).
Debt to Equity History and Analysis
Debt Level: 3774 has more cash than its total debt.
Reducing Debt: 3774's debt to equity ratio has reduced from 37.3% to 22.1% over the past 5 years.
Debt Coverage: 3774's debt is well covered by operating cash flow (118.7%).
Interest Coverage: 3774's interest payments on its debt are well covered by EBIT (205.5x coverage).