Kawata Mfg Balance Sheet Health
Financial Health criteria checks 5/6
Kawata Mfg has a total shareholder equity of ¥12.5B and total debt of ¥7.1B, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are ¥26.9B and ¥14.4B respectively. Kawata Mfg's EBIT is ¥1.1B making its interest coverage ratio 49.7. It has cash and short-term investments of ¥7.0B.
Key information
57.2%
Debt to equity ratio
JP¥7.12b
Debt
Interest coverage ratio | 49.7x |
Cash | JP¥6.98b |
Equity | JP¥12.45b |
Total liabilities | JP¥14.42b |
Total assets | JP¥26.87b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6292's short term assets (¥20.1B) exceed its short term liabilities (¥10.1B).
Long Term Liabilities: 6292's short term assets (¥20.1B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 6292's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: 6292's debt to equity ratio has reduced from 66.5% to 57.2% over the past 5 years.
Debt Coverage: 6292's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6292's interest payments on its debt are well covered by EBIT (49.7x coverage).