Kitagawa Balance Sheet Health
Financial Health criteria checks 5/6
Kitagawa has a total shareholder equity of ¥41.6B and total debt of ¥15.8B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are ¥80.9B and ¥39.3B respectively. Kitagawa's EBIT is ¥1.2B making its interest coverage ratio 7.6. It has cash and short-term investments of ¥11.6B.
Key information
38.0%
Debt to equity ratio
JP¥15.81b
Debt
| Interest coverage ratio | 7.6x |
| Cash | JP¥11.56b |
| Equity | JP¥41.63b |
| Total liabilities | JP¥39.30b |
| Total assets | JP¥80.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6317's short term assets (¥41.3B) exceed its short term liabilities (¥22.9B).
Long Term Liabilities: 6317's short term assets (¥41.3B) exceed its long term liabilities (¥16.4B).
Debt to Equity History and Analysis
Debt Level: 6317's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: 6317's debt to equity ratio has increased from 30.5% to 38% over the past 5 years.
Debt Coverage: 6317's debt is well covered by operating cash flow (41.7%).
Interest Coverage: 6317's interest payments on its debt are well covered by EBIT (7.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 15:15 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kitagawa Corporation is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amol Modak | Virtua Research Inc. |