Kao Balance Sheet Health
Financial Health criteria checks 6/6
Kao has a total shareholder equity of ¥1,024.7B and total debt of ¥136.2B, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are ¥1,760.4B and ¥735.7B respectively. Kao's EBIT is ¥110.4B making its interest coverage ratio 469.7. It has cash and short-term investments of ¥304.5B.
Key information
13.3%
Debt to equity ratio
JP¥136.17b
Debt
| Interest coverage ratio | 469.7x |
| Cash | JP¥304.46b |
| Equity | JP¥1.02t |
| Total liabilities | JP¥735.71b |
| Total assets | JP¥1.76t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KAO's short term assets (¥826.2B) exceed its short term liabilities (¥473.4B).
Long Term Liabilities: KAO's short term assets (¥826.2B) exceed its long term liabilities (¥262.3B).
Debt to Equity History and Analysis
Debt Level: KAO has more cash than its total debt.
Reducing Debt: KAO's debt to equity ratio has reduced from 15.1% to 13.3% over the past 5 years.
Debt Coverage: KAO's debt is well covered by operating cash flow (157.2%).
Interest Coverage: KAO's interest payments on its debt are well covered by EBIT (469.7x coverage).