Kodensha Balance Sheet Health
Financial Health criteria checks 5/6
Kodensha has a total shareholder equity of ¥20.5B and total debt of ¥540.0M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ¥31.5B and ¥11.1B respectively. Kodensha's EBIT is ¥2.0B making its interest coverage ratio -33.7. It has cash and short-term investments of ¥1.5B.
Key information
2.6%
Debt to equity ratio
JP¥540.00m
Debt
| Interest coverage ratio | -33.7x |
| Cash | JP¥1.46b |
| Equity | JP¥20.46b |
| Total liabilities | JP¥11.08b |
| Total assets | JP¥31.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1948's short term assets (¥24.5B) exceed its short term liabilities (¥10.5B).
Long Term Liabilities: 1948's short term assets (¥24.5B) exceed its long term liabilities (¥592.0M).
Debt to Equity History and Analysis
Debt Level: 1948 has more cash than its total debt.
Reducing Debt: 1948's debt to equity ratio has reduced from 4.1% to 2.6% over the past 5 years.
Debt Coverage: 1948's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1948 earns more interest than it pays, so coverage of interest payments is not a concern.