Kaname KogyoLtd Balance Sheet Health
Financial Health criteria checks 6/6
Kaname KogyoLtd has a total shareholder equity of ¥18.1B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are ¥23.1B and ¥5.0B respectively. Kaname KogyoLtd's EBIT is ¥1.8B making its interest coverage ratio -438.8. It has cash and short-term investments of ¥5.6B.
Key information
6.3%
Debt to equity ratio
JP¥1.13b
Debt
Interest coverage ratio | -438.8x |
Cash | JP¥5.63b |
Equity | JP¥18.06b |
Total liabilities | JP¥5.01b |
Total assets | JP¥23.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6566's short term assets (¥7.3B) exceed its short term liabilities (¥2.4B).
Long Term Liabilities: 6566's short term assets (¥7.3B) exceed its long term liabilities (¥2.6B).
Debt to Equity History and Analysis
Debt Level: 6566 has more cash than its total debt.
Reducing Debt: 6566's debt to equity ratio has reduced from 16.4% to 6.3% over the past 5 years.
Debt Coverage: 6566's debt is well covered by operating cash flow (172.6%).
Interest Coverage: 6566 earns more interest than it pays, so coverage of interest payments is not a concern.