IbidenLtd Balance Sheet Health
Financial Health criteria checks 5/6
IbidenLtd has a total shareholder equity of ¥497.3B and total debt of ¥377.4B, which brings its debt-to-equity ratio to 75.9%. Its total assets and total liabilities are ¥1,100.0B and ¥602.7B respectively. IbidenLtd's EBIT is ¥52.0B making its interest coverage ratio -22.4. It has cash and short-term investments of ¥374.2B.
Key information
75.9%
Debt to equity ratio
JP¥377.42b
Debt
| Interest coverage ratio | -22.4x |
| Cash | JP¥374.23b |
| Equity | JP¥497.30b |
| Total liabilities | JP¥602.70b |
| Total assets | JP¥1.10t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IBID.F's short term assets (¥539.3B) exceed its short term liabilities (¥319.1B).
Long Term Liabilities: IBID.F's short term assets (¥539.3B) exceed its long term liabilities (¥283.6B).
Debt to Equity History and Analysis
Debt Level: IBID.F's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: IBID.F's debt to equity ratio has increased from 56% to 75.9% over the past 5 years.
Debt Coverage: IBID.F's debt is well covered by operating cash flow (41.3%).
Interest Coverage: IBID.F earns more interest than it pays, so coverage of interest payments is not a concern.