Konoike TransportLtd Balance Sheet Health
Financial Health criteria checks 5/6
Konoike TransportLtd has a total shareholder equity of ¥142.5B and total debt of ¥64.8B, which brings its debt-to-equity ratio to 45.5%. Its total assets and total liabilities are ¥287.1B and ¥144.6B respectively. Konoike TransportLtd's EBIT is ¥18.8B making its interest coverage ratio -49.5. It has cash and short-term investments of ¥75.5B.
Key information
45.5%
Debt to equity ratio
JP¥64.76b
Debt
| Interest coverage ratio | -49.5x |
| Cash | JP¥75.52b |
| Equity | JP¥142.48b |
| Total liabilities | JP¥144.58b |
| Total assets | JP¥287.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2KT's short term assets (¥145.6B) exceed its short term liabilities (¥71.1B).
Long Term Liabilities: 2KT's short term assets (¥145.6B) exceed its long term liabilities (¥73.5B).
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 39.7% to 45.5% 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.