Kikkoman Balance Sheet Health
Financial Health criteria checks 6/6
Kikkoman has a total shareholder equity of ¥500.5B and total debt of ¥17.8B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥656.5B and ¥156.1B respectively. Kikkoman's EBIT is ¥78.2B making its interest coverage ratio -17.2. It has cash and short-term investments of ¥118.8B.
Key information
3.6%
Debt to equity ratio
JP¥17.84b
Debt
| Interest coverage ratio | -17.2x |
| Cash | JP¥118.81b |
| Equity | JP¥500.46b |
| Total liabilities | JP¥156.05b |
| Total assets | JP¥656.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KIK's short term assets (¥332.0B) exceed its short term liabilities (¥82.7B).
Long Term Liabilities: KIK's short term assets (¥332.0B) exceed its long term liabilities (¥73.3B).
Debt to Equity History and Analysis
Debt Level: KIK has more cash than its total debt.
Reducing Debt: KIK's debt to equity ratio has reduced from 6.2% to 3.6% over the past 5 years.
Debt Coverage: KIK's debt is well covered by operating cash flow (453%).
Interest Coverage: KIK earns more interest than it pays, so coverage of interest payments is not a concern.