Kanefusa Balance Sheet Health
Financial Health criteria checks 5/6
Kanefusa has a total shareholder equity of ¥28.4B and total debt of ¥1.4B, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are ¥34.8B and ¥6.3B respectively. Kanefusa's EBIT is ¥1.1B making its interest coverage ratio 25.1. It has cash and short-term investments of ¥5.5B.
Key information
5.0%
Debt to equity ratio
JP¥1.41b
Debt
Interest coverage ratio | 25.1x |
Cash | JP¥5.54b |
Equity | JP¥28.43b |
Total liabilities | JP¥6.34b |
Total assets | JP¥34.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5984's short term assets (¥18.3B) exceed its short term liabilities (¥4.4B).
Long Term Liabilities: 5984's short term assets (¥18.3B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 5984 has more cash than its total debt.
Reducing Debt: 5984's debt to equity ratio has increased from 0% to 5% over the past 5 years.
Debt Coverage: 5984's debt is well covered by operating cash flow (23.2%).
Interest Coverage: 5984's interest payments on its debt are well covered by EBIT (25.1x coverage).