KanamotoLtd Balance Sheet Health
Financial Health criteria checks 5/6
KanamotoLtd has a total shareholder equity of ¥149.7B and total debt of ¥54.5B, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are ¥322.9B and ¥173.1B respectively. KanamotoLtd's EBIT is ¥14.6B making its interest coverage ratio -83.1. It has cash and short-term investments of ¥51.1B.
Key information
36.4%
Debt to equity ratio
JP¥54.45b
Debt
| Interest coverage ratio | -83.1x |
| Cash | JP¥51.10b |
| Equity | JP¥149.71b |
| Total liabilities | JP¥173.14b |
| Total assets | JP¥322.85b |
Recent financial health updates
Recent updates
We Think KanamotoLtd's (TSE:9678) Robust Earnings Are Conservative
Dec 14
KanamotoLtd (TSE:9678) Has A Pretty Healthy Balance Sheet
Dec 10KanamotoLtd's (TSE:9678) Dividend Will Be ¥40.00
Oct 27KanamotoLtd (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 (¥126.7B) exceed its short term liabilities (¥92.8B).
Long Term Liabilities: 9678's short term assets (¥126.7B) exceed its long term liabilities (¥80.3B).
Debt to Equity History and Analysis
Debt Level: 9678's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 9678's debt to equity ratio has increased from 24.2% to 36.4% over the past 5 years.
Debt Coverage: 9678's debt is well covered by operating cash flow (76.6%).
Interest Coverage: 9678 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 20:35 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kanamoto Co.,Ltd. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kazue Yanagisawa | CLSA |
| Jiro Kojima | Daiwa Securities Co. Ltd. |
| Yoko Mizoguchi | Ichiyoshi Research Institute Inc. |