Iino Kaiun Kaisha Balance Sheet Health
Financial Health criteria checks 3/6
Iino Kaiun Kaisha has a total shareholder equity of ¥132.1B and total debt of ¥118.8B, which brings its debt-to-equity ratio to 89.9%. Its total assets and total liabilities are ¥293.2B and ¥161.1B respectively. Iino Kaiun Kaisha's EBIT is ¥19.1B making its interest coverage ratio -20.1. It has cash and short-term investments of ¥17.9B.
Key information
89.9%
Debt to equity ratio
JP¥118.76b
Debt
Interest coverage ratio | -20.1x |
Cash | JP¥17.88b |
Equity | JP¥132.13b |
Total liabilities | JP¥161.10b |
Total assets | JP¥293.23b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9119's short term assets (¥46.8B) do not cover its short term liabilities (¥55.7B).
Long Term Liabilities: 9119's short term assets (¥46.8B) do not cover its long term liabilities (¥105.4B).
Debt to Equity History and Analysis
Debt Level: 9119's net debt to equity ratio (76.4%) is considered high.
Reducing Debt: 9119's debt to equity ratio has reduced from 161.4% to 89.9% over the past 5 years.
Debt Coverage: 9119's debt is well covered by operating cash flow (24.8%).
Interest Coverage: 9119 earns more interest than it pays, so coverage of interest payments is not a concern.