Ichinen HoldingsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Ichinen HoldingsLtd has a total shareholder equity of ¥63.3B and total debt of ¥113.3B, which brings its debt-to-equity ratio to 178.8%. Its total assets and total liabilities are ¥207.1B and ¥143.8B respectively. Ichinen HoldingsLtd's EBIT is ¥10.9B making its interest coverage ratio 198.1. It has cash and short-term investments of ¥16.6B.
Key information
178.8%
Debt to equity ratio
JP¥113.29b
Debt
| Interest coverage ratio | 198.1x |
| Cash | JP¥16.57b |
| Equity | JP¥63.35b |
| Total liabilities | JP¥143.78b |
| Total assets | JP¥207.13b |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With Ichinen HoldingsLtd's (TSE:9619) Earnings
Nov 07
Ichinen Holdings Co.,Ltd. (TSE:9619) Stock Catapults 29% Though Its Price And Business Still Lag The Market
Sep 04Ichinen HoldingsLtd (TSE:9619) Has Affirmed Its Dividend Of ¥30.00
Aug 29Ichinen HoldingsLtd (TSE:9619) Has Affirmed Its Dividend Of ¥30.00
Aug 09Ichinen HoldingsLtd's (TSE:9619) Dividend Will Be ¥30.00
Jul 26Ichinen HoldingsLtd (TSE:9619) Has Affirmed Its Dividend Of ¥30.00
Jul 11Additional Considerations Required While Assessing Ichinen HoldingsLtd's (TSE:9619) Strong Earnings
May 08Ichinen HoldingsLtd (TSE:9619) Has Announced A Dividend Of ¥25.00
Feb 26Financial Position Analysis
Short Term Liabilities: 9619's short term assets (¥100.1B) exceed its short term liabilities (¥56.9B).
Long Term Liabilities: 9619's short term assets (¥100.1B) exceed its long term liabilities (¥86.9B).
Debt to Equity History and Analysis
Debt Level: 9619's net debt to equity ratio (152.7%) is considered high.
Reducing Debt: 9619's debt to equity ratio has reduced from 226.8% to 178.8% over the past 5 years.
Debt Coverage: 9619's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: 9619's interest payments on its debt are well covered by EBIT (198.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 19:27 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ichinen Holdings Co.,Ltd. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Seiichiro Samejima | Ichiyoshi Research Institute Inc. |
| Wataru Otsuka | Nomura Securities Co. Ltd. |
| Satoru Takada | TIW |