Kirin Holdings Company Balance Sheet Health
Financial Health criteria checks 5/6
Kirin Holdings Company has a total shareholder equity of ¥1,588.3B and total debt of ¥727.3B, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are ¥3,134.9B and ¥1,546.6B respectively. Kirin Holdings Company's EBIT is ¥228.1B making its interest coverage ratio -70.8. It has cash and short-term investments of ¥146.3B.
Key information
45.8%
Debt to equity ratio
JP¥727.27b
Debt
| Interest coverage ratio | -70.8x |
| Cash | JP¥146.28b |
| Equity | JP¥1.59t |
| Total liabilities | JP¥1.55t |
| Total assets | JP¥3.13t |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: KIR0's short term assets (¥1,017.7B) exceed its short term liabilities (¥717.4B).
Long Term Liabilities: KIR0's short term assets (¥1,017.7B) exceed its long term liabilities (¥829.2B).
Debt to Equity History and Analysis
Debt Level: KIR0's net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: KIR0's debt to equity ratio has increased from 37.7% to 45.8% over the past 5 years.
Debt Coverage: KIR0's debt is well covered by operating cash flow (34.8%).
Interest Coverage: KIR0 earns more interest than it pays, so coverage of interest payments is not a concern.