IG Port Balance Sheet Health
Financial Health criteria checks 6/6
IG Port has a total shareholder equity of ¥7.3B and total debt of ¥200.0M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ¥14.0B and ¥6.7B respectively. IG Port's EBIT is ¥1.2B making its interest coverage ratio -10.4. It has cash and short-term investments of ¥7.8B.
Key information
2.7%
Debt to equity ratio
JP¥200.00m
Debt
| Interest coverage ratio | -10.4x |
| Cash | JP¥7.76b |
| Equity | JP¥7.32b |
| Total liabilities | JP¥6.68b |
| Total assets | JP¥14.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IGPT.F's short term assets (¥10.7B) exceed its short term liabilities (¥6.3B).
Long Term Liabilities: IGPT.F's short term assets (¥10.7B) exceed its long term liabilities (¥402.0M).
Debt to Equity History and Analysis
Debt Level: IGPT.F has more cash than its total debt.
Reducing Debt: IGPT.F's debt to equity ratio has reduced from 4.9% to 2.7% over the past 5 years.
Debt Coverage: IGPT.F's debt is well covered by operating cash flow (1528%).
Interest Coverage: IGPT.F earns more interest than it pays, so coverage of interest payments is not a concern.