Ichigo Balance Sheet Health
Financial Health criteria checks 2/6
Ichigo has a total shareholder equity of ¥116.3B and total debt of ¥232.8B, which brings its debt-to-equity ratio to 200.2%. Its total assets and total liabilities are ¥367.0B and ¥250.7B respectively. Ichigo's EBIT is ¥13.0B making its interest coverage ratio 6.6. It has cash and short-term investments of ¥46.9B.
Key information
200.2%
Debt to equity ratio
JP¥232.79b
Debt
Interest coverage ratio | 6.6x |
Cash | JP¥46.92b |
Equity | JP¥116.28b |
Total liabilities | JP¥250.74b |
Total assets | JP¥367.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICHI.F's short term assets (¥157.7B) exceed its short term liabilities (¥56.2B).
Long Term Liabilities: ICHI.F's short term assets (¥157.7B) do not cover its long term liabilities (¥194.6B).
Debt to Equity History and Analysis
Debt Level: ICHI.F's net debt to equity ratio (159.9%) is considered high.
Reducing Debt: ICHI.F's debt to equity ratio has increased from 190.7% to 200.2% over the past 5 years.
Debt Coverage: ICHI.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ICHI.F's interest payments on its debt are well covered by EBIT (6.6x coverage).