Kanamic NetworkLTD Balance Sheet Health
Financial Health criteria checks 5/6
Kanamic NetworkLTD has a total shareholder equity of ¥3.8B and total debt of ¥925.0M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are ¥6.2B and ¥2.3B respectively. Kanamic NetworkLTD's EBIT is ¥1.4B making its interest coverage ratio 239.8. It has cash and short-term investments of ¥3.4B.
Key information
24.1%
Debt to equity ratio
JP¥925.00m
Debt
| Interest coverage ratio | 239.8x |
| Cash | JP¥3.43b |
| Equity | JP¥3.83b |
| Total liabilities | JP¥2.34b |
| Total assets | JP¥6.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0WT's short term assets (¥3.9B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 0WT's short term assets (¥3.9B) exceed its long term liabilities (¥764.0M).
Debt to Equity History and Analysis
Debt Level: 0WT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 0WT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 0WT's debt is well covered by operating cash flow (163.7%).
Interest Coverage: 0WT's interest payments on its debt are well covered by EBIT (239.8x coverage).