Kao Balance Sheet Health
Financial Health criteria checks 6/6
Kao has a total shareholder equity of ¥1,087.1B and total debt of ¥136.6B, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ¥1,847.8B and ¥760.7B respectively. Kao's EBIT is ¥132.2B making its interest coverage ratio -37.8. It has cash and short-term investments of ¥313.2B.
Key information
12.6%
Debt to equity ratio
JP¥136.59b
Debt
| Interest coverage ratio | -37.8x |
| Cash | JP¥313.19b |
| Equity | JP¥1.09t |
| Total liabilities | JP¥760.72b |
| Total assets | JP¥1.85t |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: KAO0's short term assets (¥868.6B) exceed its short term liabilities (¥464.2B).
Long Term Liabilities: KAO0's short term assets (¥868.6B) exceed its long term liabilities (¥296.5B).
Debt to Equity History and Analysis
Debt Level: KAO0 has more cash than its total debt.
Reducing Debt: KAO0's debt to equity ratio has reduced from 15% to 12.6% over the past 5 years.
Debt Coverage: KAO0's debt is well covered by operating cash flow (149.5%).
Interest Coverage: KAO0 earns more interest than it pays, so coverage of interest payments is not a concern.