Kato WorksLtd Balance Sheet Health
Financial Health criteria checks 4/6
Kato WorksLtd has a total shareholder equity of ¥49.5B and total debt of ¥33.5B, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are ¥102.3B and ¥52.8B respectively. Kato WorksLtd's EBIT is ¥1.4B making its interest coverage ratio 8.7. It has cash and short-term investments of ¥23.1B.
Key information
67.7%
Debt to equity ratio
JP¥33.51b
Debt
Interest coverage ratio | 8.7x |
Cash | JP¥23.13b |
Equity | JP¥49.48b |
Total liabilities | JP¥52.80b |
Total assets | JP¥102.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6390's short term assets (¥80.4B) exceed its short term liabilities (¥39.5B).
Long Term Liabilities: 6390's short term assets (¥80.4B) exceed its long term liabilities (¥13.3B).
Debt to Equity History and Analysis
Debt Level: 6390's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: 6390's debt to equity ratio has increased from 57.1% to 67.7% over the past 5 years.
Debt Coverage: 6390's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: 6390's interest payments on its debt are well covered by EBIT (8.7x coverage).