Kamei Balance Sheet Health
Financial Health criteria checks 6/6
Kamei has a total shareholder equity of ¥155.4B and total debt of ¥58.2B, which brings its debt-to-equity ratio to 37.4%. Its total assets and total liabilities are ¥326.3B and ¥170.9B respectively. Kamei's EBIT is ¥16.2B making its interest coverage ratio 284.3. It has cash and short-term investments of ¥52.4B.
Key information
37.4%
Debt to equity ratio
JP¥58.15b
Debt
Interest coverage ratio | 284.3x |
Cash | JP¥52.37b |
Equity | JP¥155.44b |
Total liabilities | JP¥170.88b |
Total assets | JP¥326.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8037's short term assets (¥199.8B) exceed its short term liabilities (¥136.9B).
Long Term Liabilities: 8037's short term assets (¥199.8B) exceed its long term liabilities (¥33.9B).
Debt to Equity History and Analysis
Debt Level: 8037's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: 8037's debt to equity ratio has reduced from 51.1% to 37.4% over the past 5 years.
Debt Coverage: 8037's debt is well covered by operating cash flow (25.8%).
Interest Coverage: 8037's interest payments on its debt are well covered by EBIT (284.3x coverage).