Kawasaki Kisen Kaisha Balance Sheet Health
Financial Health criteria checks 6/6
Kawasaki Kisen Kaisha has a total shareholder equity of ¥1,665.3B and total debt of ¥267.4B, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are ¥2,145.9B and ¥480.7B respectively. Kawasaki Kisen Kaisha's EBIT is ¥95.8B making its interest coverage ratio 66.5. It has cash and short-term investments of ¥215.0B.
Key information
16.1%
Debt to equity ratio
JP¥267.37b
Debt
| Interest coverage ratio | 66.5x |
| Cash | JP¥214.95b |
| Equity | JP¥1.67t |
| Total liabilities | JP¥480.68b |
| Total assets | JP¥2.15t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KLI's short term assets (¥439.9B) exceed its short term liabilities (¥193.6B).
Long Term Liabilities: KLI's short term assets (¥439.9B) exceed its long term liabilities (¥287.1B).
Debt to Equity History and Analysis
Debt Level: KLI's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: KLI's debt to equity ratio has reduced from 239.9% to 16.1% over the past 5 years.
Debt Coverage: KLI's debt is well covered by operating cash flow (76%).
Interest Coverage: KLI's interest payments on its debt are well covered by EBIT (66.5x coverage).