Kitano Construction Balance Sheet Health
Financial Health criteria checks 6/6
Kitano Construction has a total shareholder equity of ¥43.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥77.8B and ¥34.1B respectively. Kitano Construction's EBIT is ¥4.8B making its interest coverage ratio -28.8. It has cash and short-term investments of ¥26.3B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -28.8x |
Cash | JP¥26.33b |
Equity | JP¥43.69b |
Total liabilities | JP¥34.14b |
Total assets | JP¥77.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1866's short term assets (¥45.3B) exceed its short term liabilities (¥29.5B).
Long Term Liabilities: 1866's short term assets (¥45.3B) exceed its long term liabilities (¥4.6B).
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.