Komatsu Balance Sheet Health
Financial Health criteria checks 6/6
Komatsu has a total shareholder equity of ¥3,198.5B and total debt of ¥1,199.4B, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are ¥5,636.7B and ¥2,438.2B respectively. Komatsu's EBIT is ¥613.3B making its interest coverage ratio 18.4. It has cash and short-term investments of ¥403.2B.
Key information
37.5%
Debt to equity ratio
JP¥1.20t
Debt
Interest coverage ratio | 18.4x |
Cash | JP¥403.18b |
Equity | JP¥3.20t |
Total liabilities | JP¥2.44t |
Total assets | JP¥5.64t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6301's short term assets (¥3,314.2B) exceed its short term liabilities (¥1,526.2B).
Long Term Liabilities: 6301's short term assets (¥3,314.2B) exceed its long term liabilities (¥912.0B).
Debt to Equity History and Analysis
Debt Level: 6301's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: 6301's debt to equity ratio has reduced from 48.9% to 37.5% over the past 5 years.
Debt Coverage: 6301's debt is well covered by operating cash flow (36.3%).
Interest Coverage: 6301's interest payments on its debt are well covered by EBIT (18.4x coverage).