KowaLtd Balance Sheet Health
Financial Health criteria checks 6/6
KowaLtd has a total shareholder equity of ¥2.7B and total debt of ¥718.0M, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are ¥5.2B and ¥2.4B respectively. KowaLtd's EBIT is ¥914.0M making its interest coverage ratio 60.9. It has cash and short-term investments of ¥1.2B.
Key information
26.2%
Debt to equity ratio
JP¥718.00m
Debt
| Interest coverage ratio | 60.9x |
| Cash | JP¥1.19b |
| Equity | JP¥2.74b |
| Total liabilities | JP¥2.43b |
| Total assets | JP¥5.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 49N's short term assets (¥3.6B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 49N's short term assets (¥3.6B) exceed its long term liabilities (¥271.0M).
Debt to Equity History and Analysis
Debt Level: 49N has more cash than its total debt.
Reducing Debt: 49N's debt to equity ratio has reduced from 271.7% to 26.2% over the past 5 years.
Debt Coverage: 49N's debt is well covered by operating cash flow (103.3%).
Interest Coverage: 49N's interest payments on its debt are well covered by EBIT (60.9x coverage).