Inaba Denki SangyoLtd Balance Sheet Health
Financial Health criteria checks 6/6
Inaba Denki SangyoLtd has a total shareholder equity of ¥167.8B and total debt of ¥436.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥254.6B and ¥86.7B respectively. Inaba Denki SangyoLtd's EBIT is ¥23.3B making its interest coverage ratio -31.6. It has cash and short-term investments of ¥68.8B.
Key information
0.3%
Debt to equity ratio
JP¥436.00m
Debt
| Interest coverage ratio | -31.6x |
| Cash | JP¥68.78b |
| Equity | JP¥167.82b |
| Total liabilities | JP¥86.75b |
| Total assets | JP¥254.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IBAD.F's short term assets (¥193.9B) exceed its short term liabilities (¥79.9B).
Long Term Liabilities: IBAD.F's short term assets (¥193.9B) exceed its long term liabilities (¥6.9B).
Debt to Equity History and Analysis
Debt Level: IBAD.F has more cash than its total debt.
Reducing Debt: IBAD.F's debt to equity ratio has reduced from 0.3% to 0.3% over the past 5 years.
Debt Coverage: IBAD.F's debt is well covered by operating cash flow (3462.6%).
Interest Coverage: IBAD.F earns more interest than it pays, so coverage of interest payments is not a concern.