Kumagai GumiLtd Balance Sheet Health
Financial Health criteria checks 4/6
Kumagai GumiLtd has a total shareholder equity of ¥174.8B and total debt of ¥61.1B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are ¥428.5B and ¥253.7B respectively. Kumagai GumiLtd's EBIT is ¥15.0B making its interest coverage ratio -25.8. It has cash and short-term investments of ¥45.3B.
Key information
35.0%
Debt to equity ratio
JP¥61.15b
Debt
Interest coverage ratio | -25.8x |
Cash | JP¥45.29b |
Equity | JP¥174.76b |
Total liabilities | JP¥253.72b |
Total assets | JP¥428.47b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1861's short term assets (¥336.5B) exceed its short term liabilities (¥209.9B).
Long Term Liabilities: 1861's short term assets (¥336.5B) exceed its long term liabilities (¥43.8B).
Debt to Equity History and Analysis
Debt Level: 1861's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 1861's debt to equity ratio has increased from 10.4% to 35% over the past 5 years.
Debt Coverage: 1861's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1861 earns more interest than it pays, so coverage of interest payments is not a concern.