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).