Kawasaki Kisen Kaisha Balance Sheet Health
Financial Health criteria checks 6/6
Kawasaki Kisen Kaisha has a total shareholder equity of ¥1,614.1B and total debt of ¥271.7B, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are ¥2,080.8B and ¥466.7B respectively. Kawasaki Kisen Kaisha's EBIT is ¥101.2B making its interest coverage ratio 208.8. It has cash and short-term investments of ¥214.4B.
Key information
16.8%
Debt to equity ratio
JP¥271.74b
Debt
| Interest coverage ratio | 208.8x |
| Cash | JP¥214.35b |
| Equity | JP¥1.61t |
| Total liabilities | JP¥466.74b |
| Total assets | JP¥2.08t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KLI1's short term assets (¥420.8B) exceed its short term liabilities (¥182.8B).
Long Term Liabilities: KLI1's short term assets (¥420.8B) exceed its long term liabilities (¥283.9B).
Debt to Equity History and Analysis
Debt Level: KLI1's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: KLI1's debt to equity ratio has reduced from 233.4% to 16.8% over the past 5 years.
Debt Coverage: KLI1's debt is well covered by operating cash flow (72.6%).
Interest Coverage: KLI1's interest payments on its debt are well covered by EBIT (208.8x coverage).