Katakura IndustriesLtd Balance Sheet Health
Financial Health criteria checks 6/6
Katakura IndustriesLtd has a total shareholder equity of ¥89.4B and total debt of ¥11.1B, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are ¥139.6B and ¥50.2B respectively. Katakura IndustriesLtd's EBIT is ¥3.8B making its interest coverage ratio -3.5. It has cash and short-term investments of ¥29.7B.
Key information
12.4%
Debt to equity ratio
JP¥11.11b
Debt
Interest coverage ratio | -3.5x |
Cash | JP¥29.74b |
Equity | JP¥89.36b |
Total liabilities | JP¥50.25b |
Total assets | JP¥139.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3001's short term assets (¥57.2B) exceed its short term liabilities (¥17.7B).
Long Term Liabilities: 3001's short term assets (¥57.2B) exceed its long term liabilities (¥32.5B).
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 24.3% to 12.4% over the past 5 years.
Debt Coverage: 3001's debt is well covered by operating cash flow (32.2%).
Interest Coverage: 3001 earns more interest than it pays, so coverage of interest payments is not a concern.