KITAC Balance Sheet Health
Financial Health criteria checks 2/6
KITAC has a total shareholder equity of ¥3.1B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 80.3%. Its total assets and total liabilities are ¥6.3B and ¥3.2B respectively. KITAC's EBIT is ¥219.0M making its interest coverage ratio -24.3. It has cash and short-term investments of ¥378.0M.
Key information
80.3%
Debt to equity ratio
JP¥2.48b
Debt
Interest coverage ratio | -24.3x |
Cash | JP¥378.00m |
Equity | JP¥3.08b |
Total liabilities | JP¥3.25b |
Total assets | JP¥6.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4707's short term assets (¥1.7B) do not cover its short term liabilities (¥2.1B).
Long Term Liabilities: 4707's short term assets (¥1.7B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 4707's net debt to equity ratio (68%) is considered high.
Reducing Debt: Insufficient data to determine if 4707's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4707's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: 4707 earns more interest than it pays, so coverage of interest payments is not a concern.