Konoike TransportLtd Balance Sheet Health
Financial Health criteria checks 5/6
Konoike TransportLtd has a total shareholder equity of ¥136.1B and total debt of ¥64.8B, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are ¥277.1B and ¥141.0B respectively. Konoike TransportLtd's EBIT is ¥16.3B making its interest coverage ratio -48.7. It has cash and short-term investments of ¥70.0B.
Key information
47.6%
Debt to equity ratio
JP¥64.77b
Debt
Interest coverage ratio | -48.7x |
Cash | JP¥70.03b |
Equity | JP¥136.08b |
Total liabilities | JP¥140.98b |
Total assets | JP¥277.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2KT's short term assets (¥138.2B) exceed its short term liabilities (¥61.9B).
Long Term Liabilities: 2KT's short term assets (¥138.2B) exceed its long term liabilities (¥79.1B).
Debt to Equity History and Analysis
Debt Level: 2KT has more cash than its total debt.
Reducing Debt: 2KT's debt to equity ratio has increased from 40.7% to 47.6% over the past 5 years.
Debt Coverage: 2KT's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 2KT earns more interest than it pays, so coverage of interest payments is not a concern.