Kaname KogyoLtd Balance Sheet Health
Financial Health criteria checks 6/6
Kaname KogyoLtd has a total shareholder equity of ¥18.5B and total debt of ¥789.0M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ¥23.6B and ¥5.1B respectively. Kaname KogyoLtd's EBIT is ¥1.8B making its interest coverage ratio -352.6. It has cash and short-term investments of ¥5.8B.
Key information
4.3%
Debt to equity ratio
JP¥789.00m
Debt
Interest coverage ratio | -352.6x |
Cash | JP¥5.78b |
Equity | JP¥18.46b |
Total liabilities | JP¥5.12b |
Total assets | JP¥23.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6566's short term assets (¥7.4B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 6566's short term assets (¥7.4B) 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 14.1% to 4.3% over the past 5 years.
Debt Coverage: 6566's debt is well covered by operating cash flow (228.8%).
Interest Coverage: 6566 earns more interest than it pays, so coverage of interest payments is not a concern.