Kikusui Chemical Industries Balance Sheet Health
Financial Health criteria checks 6/6
Kikusui Chemical Industries has a total shareholder equity of ¥9.8B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are ¥17.3B and ¥7.5B respectively. Kikusui Chemical Industries's EBIT is ¥594.0M making its interest coverage ratio -13.5. It has cash and short-term investments of ¥4.2B.
Key information
19.9%
Debt to equity ratio
JP¥1.95b
Debt
| Interest coverage ratio | -13.5x |
| Cash | JP¥4.20b |
| Equity | JP¥9.77b |
| Total liabilities | JP¥7.53b |
| Total assets | JP¥17.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7953's short term assets (¥10.7B) exceed its short term liabilities (¥5.9B).
Long Term Liabilities: 7953's short term assets (¥10.7B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 7953 has more cash than its total debt.
Reducing Debt: 7953's debt to equity ratio has reduced from 32.4% to 19.9% over the past 5 years.
Debt Coverage: 7953's debt is well covered by operating cash flow (55.6%).
Interest Coverage: 7953 earns more interest than it pays, so coverage of interest payments is not a concern.