KandenkoLtd Balance Sheet Health
Financial Health criteria checks 6/6
KandenkoLtd has a total shareholder equity of ¥356.5B and total debt of ¥11.9B, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥535.2B and ¥178.8B respectively. KandenkoLtd's EBIT is ¥50.6B making its interest coverage ratio -38.8. It has cash and short-term investments of ¥89.7B.
Key information
3.3%
Debt to equity ratio
JP¥11.91b
Debt
| Interest coverage ratio | -38.8x |
| Cash | JP¥89.72b |
| Equity | JP¥356.47b |
| Total liabilities | JP¥178.77b |
| Total assets | JP¥535.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5EY's short term assets (¥319.5B) exceed its short term liabilities (¥150.4B).
Long Term Liabilities: 5EY's short term assets (¥319.5B) exceed its long term liabilities (¥28.4B).
Debt to Equity History and Analysis
Debt Level: 5EY has more cash than its total debt.
Reducing Debt: 5EY's debt to equity ratio has reduced from 15.2% to 3.3% over the past 5 years.
Debt Coverage: 5EY's debt is well covered by operating cash flow (365.9%).
Interest Coverage: 5EY earns more interest than it pays, so coverage of interest payments is not a concern.