IbidenLtd Balance Sheet Health
Financial Health criteria checks 5/6
IbidenLtd has a total shareholder equity of ¥501.8B and total debt of ¥396.4B, which brings its debt-to-equity ratio to 79%. Its total assets and total liabilities are ¥1,130.0B and ¥628.2B respectively. IbidenLtd's EBIT is ¥47.6B making its interest coverage ratio -22.8. It has cash and short-term investments of ¥443.6B.
Key information
79.0%
Debt to equity ratio
JP¥396.42b
Debt
| Interest coverage ratio | -22.8x |
| Cash | JP¥443.58b |
| Equity | JP¥501.80b |
| Total liabilities | JP¥628.20b |
| Total assets | JP¥1.13t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IBID.Y's short term assets (¥600.8B) exceed its short term liabilities (¥358.4B).
Long Term Liabilities: IBID.Y's short term assets (¥600.8B) exceed its long term liabilities (¥269.8B).
Debt to Equity History and Analysis
Debt Level: IBID.Y has more cash than its total debt.
Reducing Debt: IBID.Y's debt to equity ratio has increased from 25.9% to 79% over the past 5 years.
Debt Coverage: IBID.Y's debt is well covered by operating cash flow (36.6%).
Interest Coverage: IBID.Y earns more interest than it pays, so coverage of interest payments is not a concern.