Kanadevia Balance Sheet Health
Financial Health criteria checks 5/6
Kanadevia has a total shareholder equity of ¥167.7B and total debt of ¥77.6B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are ¥510.3B and ¥342.6B respectively. Kanadevia's EBIT is ¥26.8B making its interest coverage ratio -108.8. It has cash and short-term investments of ¥89.5B.
Key information
46.3%
Debt to equity ratio
JP¥77.64b
Debt
| Interest coverage ratio | -108.8x |
| Cash | JP¥89.53b |
| Equity | JP¥167.69b |
| Total liabilities | JP¥342.63b |
| Total assets | JP¥510.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HZS's short term assets (¥302.3B) exceed its short term liabilities (¥251.0B).
Long Term Liabilities: HZS's short term assets (¥302.3B) exceed its long term liabilities (¥91.6B).
Debt to Equity History and Analysis
Debt Level: HZS has more cash than its total debt.
Reducing Debt: HZS's debt to equity ratio has reduced from 82.2% to 46.3% over the past 5 years.
Debt Coverage: HZS's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: HZS earns more interest than it pays, so coverage of interest payments is not a concern.