Katakura IndustriesLtd Balance Sheet Health
Financial Health criteria checks 6/6
Katakura IndustriesLtd has a total shareholder equity of ¥89.5B and total debt of ¥10.2B, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are ¥138.2B and ¥48.7B respectively. Katakura IndustriesLtd's EBIT is ¥3.8B making its interest coverage ratio -3.1. It has cash and short-term investments of ¥29.3B.
Key information
11.4%
Debt to equity ratio
JP¥10.23b
Debt
| Interest coverage ratio | -3.1x |
| Cash | JP¥29.26b |
| Equity | JP¥89.49b |
| Total liabilities | JP¥48.73b |
| Total assets | JP¥138.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3001's short term assets (¥55.4B) exceed its short term liabilities (¥16.8B).
Long Term Liabilities: 3001's short term assets (¥55.4B) exceed its long term liabilities (¥32.0B).
Debt to Equity History and Analysis
Debt Level: 3001 has more cash than its total debt.
Reducing Debt: 3001's debt to equity ratio has reduced from 18.6% to 11.4% over the past 5 years.
Debt Coverage: 3001's debt is well covered by operating cash flow (31.6%).
Interest Coverage: 3001 earns more interest than it pays, so coverage of interest payments is not a concern.