Kanematsu Balance Sheet Health
Financial Health criteria checks 3/6
Kanematsu has a total shareholder equity of ¥176.0B and total debt of ¥214.5B, which brings its debt-to-equity ratio to 121.9%. Its total assets and total liabilities are ¥725.3B and ¥549.3B respectively. Kanematsu's EBIT is ¥42.1B making its interest coverage ratio 11.5. It has cash and short-term investments of ¥63.4B.
Key information
121.9%
Debt to equity ratio
JP¥214.55b
Debt
Interest coverage ratio | 11.5x |
Cash | JP¥63.42b |
Equity | JP¥176.00b |
Total liabilities | JP¥549.35b |
Total assets | JP¥725.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8020's short term assets (¥543.5B) exceed its short term liabilities (¥414.7B).
Long Term Liabilities: 8020's short term assets (¥543.5B) exceed its long term liabilities (¥134.7B).
Debt to Equity History and Analysis
Debt Level: 8020's net debt to equity ratio (85.9%) is considered high.
Reducing Debt: 8020's debt to equity ratio has increased from 87.9% to 121.9% over the past 5 years.
Debt Coverage: 8020's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: 8020's interest payments on its debt are well covered by EBIT (11.5x coverage).