Kodensha Balance Sheet Health
Financial Health criteria checks 6/6
Kodensha has a total shareholder equity of ¥18.5B and total debt of ¥579.0M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ¥28.9B and ¥10.5B respectively. Kodensha's EBIT is ¥857.0M making its interest coverage ratio -16.8. It has cash and short-term investments of ¥1.5B.
Key information
3.1%
Debt to equity ratio
JP¥579.00m
Debt
Interest coverage ratio | -16.8x |
Cash | JP¥1.52b |
Equity | JP¥18.46b |
Total liabilities | JP¥10.47b |
Total assets | JP¥28.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1948's short term assets (¥23.2B) exceed its short term liabilities (¥10.0B).
Long Term Liabilities: 1948's short term assets (¥23.2B) exceed its long term liabilities (¥466.0M).
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 5.1% to 3.1% over the past 5 years.
Debt Coverage: 1948's debt is well covered by operating cash flow (257.7%).
Interest Coverage: 1948 earns more interest than it pays, so coverage of interest payments is not a concern.