Inpex Balance Sheet Health
Financial Health criteria checks 5/6
Inpex has a total shareholder equity of ¥4,499.0B and total debt of ¥1,057.0B, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are ¥6,739.5B and ¥2,240.4B respectively. Inpex's EBIT is ¥1,095.8B making its interest coverage ratio -7.9. It has cash and short-term investments of ¥428.2B.
Key information
23.5%
Debt to equity ratio
JP¥1.06t
Debt
Interest coverage ratio | -7.9x |
Cash | JP¥428.22b |
Equity | JP¥4.50t |
Total liabilities | JP¥2.24t |
Total assets | JP¥6.74t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPXH.Y's short term assets (¥838.4B) exceed its short term liabilities (¥572.2B).
Long Term Liabilities: IPXH.Y's short term assets (¥838.4B) do not cover its long term liabilities (¥1,668.2B).
Debt to Equity History and Analysis
Debt Level: IPXH.Y's net debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: IPXH.Y's debt to equity ratio has reduced from 36.7% to 23.5% over the past 5 years.
Debt Coverage: IPXH.Y's debt is well covered by operating cash flow (74.6%).
Interest Coverage: IPXH.Y earns more interest than it pays, so coverage of interest payments is not a concern.