Kubota Balance Sheet Health
Financial Health criteria checks 3/6
Kubota has a total shareholder equity of ¥2,416.1B and total debt of ¥1,990.2B, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are ¥5,359.2B and ¥2,943.2B respectively. Kubota's EBIT is ¥331.1B making its interest coverage ratio -29.9. It has cash and short-term investments of ¥305.1B.
Key information
82.4%
Debt to equity ratio
JP¥1.99t
Debt
Interest coverage ratio | -29.9x |
Cash | JP¥305.14b |
Equity | JP¥2.42t |
Total liabilities | JP¥2.94t |
Total assets | JP¥5.36t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KUOA's short term assets (¥2,580.4B) exceed its short term liabilities (¥1,493.1B).
Long Term Liabilities: KUOA's short term assets (¥2,580.4B) exceed its long term liabilities (¥1,450.1B).
Debt to Equity History and Analysis
Debt Level: KUOA's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: KUOA's debt to equity ratio has increased from 58.8% to 82.4% over the past 5 years.
Debt Coverage: KUOA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KUOA earns more interest than it pays, so coverage of interest payments is not a concern.