Kanadevia Balance Sheet Health
Financial Health criteria checks 6/6
Kanadevia has a total shareholder equity of ¥167.1B and total debt of ¥67.1B, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are ¥483.2B and ¥316.2B respectively. Kanadevia's EBIT is ¥26.4B making its interest coverage ratio -89.7. It has cash and short-term investments of ¥60.0B.
Key information
40.2%
Debt to equity ratio
JP¥67.12b
Debt
| Interest coverage ratio | -89.7x |
| Cash | JP¥59.99b |
| Equity | JP¥167.06b |
| Total liabilities | JP¥316.15b |
| Total assets | JP¥483.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HZS's short term assets (¥274.5B) exceed its short term liabilities (¥234.0B).
Long Term Liabilities: HZS's short term assets (¥274.5B) exceed its long term liabilities (¥82.2B).
Debt to Equity History and Analysis
Debt Level: HZS's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: HZS's debt to equity ratio has reduced from 94.4% to 40.2% over the past 5 years.
Debt Coverage: HZS's debt is well covered by operating cash flow (41%).
Interest Coverage: HZS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:31 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kanadevia Corporation is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yusuke Naito | Ichiyoshi Research Institute Inc. |
| Shigekazu Ishida | Marusan Securities Co. Ltd. |
| Tatsuhiko Ito | Mizuho Securities Co., Ltd. |