Kirin Holdings Company Balance Sheet Health
Financial Health criteria checks 4/6
Kirin Holdings Company has a total shareholder equity of ¥1,511.3B and total debt of ¥894.5B, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are ¥3,262.5B and ¥1,751.1B respectively. Kirin Holdings Company's EBIT is ¥201.4B making its interest coverage ratio -44.8. It has cash and short-term investments of ¥154.8B.
Key information
59.2%
Debt to equity ratio
JP¥894.55b
Debt
| Interest coverage ratio | -44.8x |
| Cash | JP¥154.82b |
| Equity | JP¥1.51t |
| Total liabilities | JP¥1.75t |
| Total assets | JP¥3.26t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KIR's short term assets (¥1,026.0B) exceed its short term liabilities (¥871.8B).
Long Term Liabilities: KIR's short term assets (¥1,026.0B) exceed its long term liabilities (¥879.4B).
Debt to Equity History and Analysis
Debt Level: KIR's net debt to equity ratio (48.9%) is considered high.
Reducing Debt: KIR's debt to equity ratio has increased from 44.4% to 59.2% over the past 5 years.
Debt Coverage: KIR's debt is well covered by operating cash flow (28.4%).
Interest Coverage: KIR earns more interest than it pays, so coverage of interest payments is not a concern.