IPS Balance Sheet Health

Financial Health criteria checks 4/6

IPS has a total shareholder equity of ¥19.6B and total debt of ¥9.7B, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are ¥38.7B and ¥19.1B respectively. IPS's EBIT is ¥5.3B making its interest coverage ratio 20. It has cash and short-term investments of ¥4.4B.

Key information

49.5%

Debt to equity ratio

JP¥9.68b

Debt

Interest coverage ratio20x
CashJP¥4.43b
EquityJP¥19.58b
Total liabilitiesJP¥19.14b
Total assetsJP¥38.71b

Recent financial health updates

No updates

Recent updates

IPS (TSE:4390) Will Pay A Dividend Of ¥20.00

Dec 04
IPS (TSE:4390) Will Pay A Dividend Of ¥20.00

Impressive Earnings May Not Tell The Whole Story For IPS (TSE:4390)

Nov 21
Impressive Earnings May Not Tell The Whole Story For IPS (TSE:4390)

IPS' (TSE:4390) Dividend Will Be Increased To ¥20.00

Sep 26
IPS' (TSE:4390) Dividend Will Be Increased To ¥20.00

IPS' (TSE:4390) Dividend Will Be Increased To ¥20.00

Sep 11
IPS' (TSE:4390) Dividend Will Be Increased To ¥20.00

IPS (TSE:4390) Will Pay A Larger Dividend Than Last Year At ¥20.00

Aug 28
IPS (TSE:4390) Will Pay A Larger Dividend Than Last Year At ¥20.00

IPS' (TSE:4390) Dividend Will Be Increased To ¥20.00

Aug 14
IPS' (TSE:4390) Dividend Will Be Increased To ¥20.00

Earnings Working Against IPS, Inc.'s (TSE:4390) Share Price Following 25% Dive

Aug 05
Earnings Working Against IPS, Inc.'s (TSE:4390) Share Price Following 25% Dive

IPS (TSE:4390) Will Pay A Larger Dividend Than Last Year At ¥20.00

Jul 26
IPS (TSE:4390) Will Pay A Larger Dividend Than Last Year At ¥20.00

IPS' (TSE:4390) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 12
IPS' (TSE:4390) Shareholders Will Receive A Bigger Dividend Than Last Year

IPS' (TSE:4390) Earnings Are Weaker Than They Seem

May 21
IPS' (TSE:4390) Earnings Are Weaker Than They Seem

IPS (TSE:4390) Is Due To Pay A Dividend Of ¥17.50

Feb 27
IPS (TSE:4390) Is Due To Pay A Dividend Of ¥17.50

Financial Position Analysis

Short Term Liabilities: 4390's short term assets (¥21.8B) exceed its short term liabilities (¥14.5B).

Long Term Liabilities: 4390's short term assets (¥21.8B) exceed its long term liabilities (¥4.6B).


Debt to Equity History and Analysis

Debt Level: 4390's net debt to equity ratio (26.8%) is considered satisfactory.

Reducing Debt: 4390's debt to equity ratio has increased from 17.8% to 49.5% over the past 5 years.

Debt Coverage: 4390's debt is not well covered by operating cash flow (6.1%).

Interest Coverage: 4390's interest payments on its debt are well covered by EBIT (20x coverage).


Balance Sheet


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