Kobe Bussan Balance Sheet Health
Financial Health criteria checks 6/6
Kobe Bussan has a total shareholder equity of ¥125.9B and total debt of ¥37.0B, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are ¥224.0B and ¥98.1B respectively. Kobe Bussan's EBIT is ¥33.8B making its interest coverage ratio -39.4. It has cash and short-term investments of ¥97.7B.
Key information
29.4%
Debt to equity ratio
JP¥37.02b
Debt
| Interest coverage ratio | -39.4x |
| Cash | JP¥97.69b |
| Equity | JP¥125.93b |
| Total liabilities | JP¥98.11b |
| Total assets | JP¥224.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 59G's short term assets (¥152.3B) exceed its short term liabilities (¥52.5B).
Long Term Liabilities: 59G's short term assets (¥152.3B) exceed its long term liabilities (¥45.6B).
Debt to Equity History and Analysis
Debt Level: 59G has more cash than its total debt.
Reducing Debt: 59G's debt to equity ratio has reduced from 129.8% to 29.4% over the past 5 years.
Debt Coverage: 59G's debt is well covered by operating cash flow (83.6%).
Interest Coverage: 59G earns more interest than it pays, so coverage of interest payments is not a concern.