Idemitsu KosanLtd Balance Sheet Health
Financial Health criteria checks 5/6
Idemitsu KosanLtd has a total shareholder equity of ¥1,884.2B and total debt of ¥1,099.3B, which brings its debt-to-equity ratio to 58.3%. Its total assets and total liabilities are ¥4,687.0B and ¥2,802.8B respectively. Idemitsu KosanLtd's EBIT is ¥240.7B making its interest coverage ratio -135.2. It has cash and short-term investments of ¥31.6B.
Key information
58.3%
Debt to equity ratio
JP¥1.10t
Debt
| Interest coverage ratio | -135.2x |
| Cash | JP¥31.63b |
| Equity | JP¥1.88t |
| Total liabilities | JP¥2.80t |
| Total assets | JP¥4.69t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IDKO.F's short term assets (¥2,532.5B) exceed its short term liabilities (¥1,855.8B).
Long Term Liabilities: IDKO.F's short term assets (¥2,532.5B) exceed its long term liabilities (¥947.0B).
Debt to Equity History and Analysis
Debt Level: IDKO.F's net debt to equity ratio (56.7%) is considered high.
Reducing Debt: IDKO.F's debt to equity ratio has reduced from 92.6% to 58.3% over the past 5 years.
Debt Coverage: IDKO.F's debt is well covered by operating cash flow (35.7%).
Interest Coverage: IDKO.F earns more interest than it pays, so coverage of interest payments is not a concern.