Kandenko Co.,Ltd.

TSE:1942 Stock Report

Market Cap: JP¥454.1b

KandenkoLtd Balance Sheet Health

Financial Health criteria checks 6/6

KandenkoLtd has a total shareholder equity of ¥356.5B and total debt of ¥11.9B, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥535.2B and ¥178.8B respectively. KandenkoLtd's EBIT is ¥50.6B making its interest coverage ratio -38.8. It has cash and short-term investments of ¥89.7B.

Key information

3.3%

Debt to equity ratio

JP¥11.91b

Debt

Interest coverage ratio-38.8x
CashJP¥89.72b
EquityJP¥356.47b
Total liabilitiesJP¥178.77b
Total assetsJP¥535.24b

Recent financial health updates

KandenkoLtd (TSE:1942) Seems To Use Debt Rather Sparingly

Aug 19
KandenkoLtd (TSE:1942) Seems To Use Debt Rather Sparingly

These 4 Measures Indicate That KandenkoLtd (TSE:1942) Is Using Debt Reasonably Well

Apr 26
These 4 Measures Indicate That KandenkoLtd (TSE:1942) Is Using Debt Reasonably Well

Recent updates

Kandenko Co.,Ltd.'s (TSE:1942) Popularity With Investors Is Under Threat From Overpricing

Oct 19
Kandenko Co.,Ltd.'s (TSE:1942) Popularity With Investors Is Under Threat From Overpricing

An Intrinsic Calculation For Kandenko Co.,Ltd. (TSE:1942) Suggests It's 31% Undervalued

Oct 04
An Intrinsic Calculation For Kandenko Co.,Ltd. (TSE:1942) Suggests It's 31% Undervalued

Returns At KandenkoLtd (TSE:1942) Appear To Be Weighed Down

Sep 19
Returns At KandenkoLtd (TSE:1942) Appear To Be Weighed Down

KandenkoLtd (TSE:1942) Will Pay A Dividend Of ¥22.00

Sep 03
KandenkoLtd (TSE:1942) Will Pay A Dividend Of ¥22.00

KandenkoLtd (TSE:1942) Seems To Use Debt Rather Sparingly

Aug 19
KandenkoLtd (TSE:1942) Seems To Use Debt Rather Sparingly

Revenue Beat: Kandenko Co.,Ltd. Exceeded Revenue Forecasts By 6.3% And Analysts Are Updating Their Estimates

Aug 02
Revenue Beat: Kandenko Co.,Ltd. Exceeded Revenue Forecasts By 6.3% And Analysts Are Updating Their Estimates

KandenkoLtd's (TSE:1942) Dividend Will Be ¥22.00

Jul 25
KandenkoLtd's (TSE:1942) Dividend Will Be ¥22.00

Kandenko Co.,Ltd.'s (TSE:1942) Business Is Trailing The Market But Its Shares Aren't

Jun 23
Kandenko Co.,Ltd.'s (TSE:1942) Business Is Trailing The Market But Its Shares Aren't

Returns At KandenkoLtd (TSE:1942) Appear To Be Weighed Down

May 21
Returns At KandenkoLtd (TSE:1942) Appear To Be Weighed Down

These 4 Measures Indicate That KandenkoLtd (TSE:1942) Is Using Debt Reasonably Well

Apr 26
These 4 Measures Indicate That KandenkoLtd (TSE:1942) Is Using Debt Reasonably Well

KandenkoLtd (TSE:1942) Is Increasing Its Dividend To ¥18.00

Mar 26
KandenkoLtd (TSE:1942) Is Increasing Its Dividend To ¥18.00

Subdued Growth No Barrier To Kandenko Co.,Ltd.'s (TSE:1942) Price

Mar 14
Subdued Growth No Barrier To Kandenko Co.,Ltd.'s (TSE:1942) Price

Financial Position Analysis

Short Term Liabilities: 1942's short term assets (¥319.5B) exceed its short term liabilities (¥150.4B).

Long Term Liabilities: 1942's short term assets (¥319.5B) exceed its long term liabilities (¥28.4B).

Debt to Equity History and Analysis

Debt Level: 1942 has more cash than its total debt.

Reducing Debt: 1942's debt to equity ratio has reduced from 15.2% to 3.3% over the past 5 years.

Debt Coverage: 1942's debt is well covered by operating cash flow (365.9%).

Interest Coverage: 1942 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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