Inpex Balance Sheet Health
Financial Health criteria checks 5/6
Inpex has a total shareholder equity of ¥4,603.4B and total debt of ¥1,235.5B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are ¥6,994.3B and ¥2,390.8B respectively. Inpex's EBIT is ¥1,242.6B making its interest coverage ratio 36.2. It has cash and short-term investments of ¥329.4B.
Key information
26.8%
Debt to equity ratio
JP¥1.24t
Debt
| Interest coverage ratio | 36.2x |
| Cash | JP¥329.39b |
| Equity | JP¥4.60t |
| Total liabilities | JP¥2.39t |
| Total assets | JP¥6.99t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPXH.F's short term assets (¥1,051.6B) exceed its short term liabilities (¥812.2B).
Long Term Liabilities: IPXH.F's short term assets (¥1,051.6B) do not cover its long term liabilities (¥1,578.6B).
Debt to Equity History and Analysis
Debt Level: IPXH.F's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: IPXH.F's debt to equity ratio has reduced from 36.2% to 26.8% over the past 5 years.
Debt Coverage: IPXH.F's debt is well covered by operating cash flow (58.7%).
Interest Coverage: IPXH.F's interest payments on its debt are well covered by EBIT (36.2x coverage).