Internet Initiative Japan Balance Sheet Health
Financial Health criteria checks 6/6
Internet Initiative Japan has a total shareholder equity of ¥118.2B and total debt of ¥30.2B, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are ¥262.5B and ¥144.3B respectively. Internet Initiative Japan's EBIT is ¥28.5B making its interest coverage ratio 30.8. It has cash and short-term investments of ¥42.9B.
Key information
25.5%
Debt to equity ratio
JP¥30.19b
Debt
| Interest coverage ratio | 30.8x |
| Cash | JP¥42.95b |
| Equity | JP¥118.25b |
| Total liabilities | JP¥144.28b |
| Total assets | JP¥262.53b |
Recent financial health updates
Recent updates
We Think Internet Initiative Japan (TSE:3774) Can Manage Its Debt With Ease
Apr 30
Internet 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 (¥115.8B) exceed its short term liabilities (¥96.9B).
Long Term Liabilities: 3774's short term assets (¥115.8B) exceed its long term liabilities (¥47.4B).
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 35.6% to 25.5% over the past 5 years.
Debt Coverage: 3774's debt is well covered by operating cash flow (128.5%).
Interest Coverage: 3774's interest payments on its debt are well covered by EBIT (30.8x coverage).