Kureha Balance Sheet Health
Financial Health criteria checks 5/6
Kureha has a total shareholder equity of ¥217.7B and total debt of ¥65.9B, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are ¥335.1B and ¥117.4B respectively. Kureha's EBIT is ¥15.1B making its interest coverage ratio -38. It has cash and short-term investments of ¥30.3B.
Key information
30.3%
Debt to equity ratio
JP¥65.87b
Debt
| Interest coverage ratio | -38x |
| Cash | JP¥30.32b |
| Equity | JP¥217.70b |
| Total liabilities | JP¥117.43b |
| Total assets | JP¥335.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K1's short term assets (¥112.8B) exceed its short term liabilities (¥46.2B).
Long Term Liabilities: 0K1's short term assets (¥112.8B) exceed its long term liabilities (¥71.2B).
Debt to Equity History and Analysis
Debt Level: 0K1's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: 0K1's debt to equity ratio has increased from 27.7% to 30.3% over the past 5 years.
Debt Coverage: 0K1's debt is well covered by operating cash flow (43.2%).
Interest Coverage: 0K1 earns more interest than it pays, so coverage of interest payments is not a concern.