KanamotoLtd Balance Sheet Health
Financial Health criteria checks 5/6
KanamotoLtd has a total shareholder equity of ¥147.1B and total debt of ¥61.9B, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are ¥323.3B and ¥176.1B respectively. KanamotoLtd's EBIT is ¥13.3B making its interest coverage ratio -79.3. It has cash and short-term investments of ¥53.8B.
Key information
42.1%
Debt to equity ratio
JP¥61.89b
Debt
| Interest coverage ratio | -79.3x |
| Cash | JP¥53.84b |
| Equity | JP¥147.14b |
| Total liabilities | JP¥176.13b |
| Total assets | JP¥323.27b |
Recent financial health updates
No updates
Recent updates
KanamotoLtd's (TSE:9678) Dividend Will Be ¥40.00
Oct 27
KanamotoLtd (TSE:9678) Has Announced A Dividend Of ¥40.00
Sep 28KanamotoLtd (TSE:9678) Has Affirmed Its Dividend Of ¥40.00
Sep 13KanamotoLtd (TSE:9678) Has Affirmed Its Dividend Of ¥40.00
Aug 21KanamotoLtd (TSE:9678) Is Due To Pay A Dividend Of ¥40.00
Jul 22KanamotoLtd's (TSE:9678) Earnings May Just Be The Starting Point
Jun 14KanamotoLtd (TSE:9678) Will Pay A Dividend Of ¥40.00
Jun 11KanamotoLtd (TSE:9678) Will Pay A Dividend Of ¥35.00
Apr 25KanamotoLtd (TSE:9678) Has Affirmed Its Dividend Of ¥35.00
Apr 01KanamotoLtd's (TSE:9678) Dividend Will Be ¥35.00
Mar 15Financial Position Analysis
Short Term Liabilities: 9678's short term assets (¥125.0B) exceed its short term liabilities (¥88.7B).
Long Term Liabilities: 9678's short term assets (¥125.0B) exceed its long term liabilities (¥87.5B).
Debt to Equity History and Analysis
Debt Level: 9678's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 9678's debt to equity ratio has increased from 25.7% to 42.1% over the past 5 years.
Debt Coverage: 9678's debt is well covered by operating cash flow (57.5%).
Interest Coverage: 9678 earns more interest than it pays, so coverage of interest payments is not a concern.