Kitano Construction Balance Sheet Health
Financial Health criteria checks 6/6
Kitano Construction has a total shareholder equity of ¥41.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥71.4B and ¥29.6B respectively. Kitano Construction's EBIT is ¥4.5B making its interest coverage ratio -26.3. It has cash and short-term investments of ¥20.2B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -26.3x |
Cash | JP¥20.22b |
Equity | JP¥41.80b |
Total liabilities | JP¥29.63b |
Total assets | JP¥71.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1866's short term assets (¥40.0B) exceed its short term liabilities (¥25.1B).
Long Term Liabilities: 1866's short term assets (¥40.0B) exceed its long term liabilities (¥4.5B).
Debt to Equity History and Analysis
Debt Level: 1866 is debt free.
Reducing Debt: 1866 had no debt 5 years ago.
Debt Coverage: 1866 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1866 has no debt, therefore coverage of interest payments is not a concern.