Kinden Balance Sheet Health
Financial Health criteria checks 6/6
Kinden has a total shareholder equity of ¥565.6B and total debt of ¥15.8B, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ¥760.1B and ¥194.5B respectively. Kinden's EBIT is ¥43.8B making its interest coverage ratio -15.2. It has cash and short-term investments of ¥199.2B.
Key information
2.8%
Debt to equity ratio
JP¥15.81b
Debt
Interest coverage ratio | -15.2x |
Cash | JP¥199.21b |
Equity | JP¥565.59b |
Total liabilities | JP¥194.55b |
Total assets | JP¥760.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 109's short term assets (¥425.1B) exceed its short term liabilities (¥158.7B).
Long Term Liabilities: 109's short term assets (¥425.1B) exceed its long term liabilities (¥35.9B).
Debt to Equity History and Analysis
Debt Level: 109 has more cash than its total debt.
Reducing Debt: 109's debt to equity ratio has reduced from 3.8% to 2.8% over the past 5 years.
Debt Coverage: 109's debt is well covered by operating cash flow (243.7%).
Interest Coverage: 109 earns more interest than it pays, so coverage of interest payments is not a concern.