Kaname KogyoLtd Balance Sheet Health
Financial Health criteria checks 6/6
Kaname KogyoLtd has a total shareholder equity of ¥18.8B and total debt of ¥613.0M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥23.7B and ¥4.9B respectively. Kaname KogyoLtd's EBIT is ¥1.9B making its interest coverage ratio -242.6. It has cash and short-term investments of ¥5.6B.
Key information
3.3%
Debt to equity ratio
JP¥613.00m
Debt
| Interest coverage ratio | -242.6x |
| Cash | JP¥5.56b |
| Equity | JP¥18.80b |
| Total liabilities | JP¥4.94b |
| Total assets | JP¥23.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6566's short term assets (¥7.2B) exceed its short term liabilities (¥2.4B).
Long Term Liabilities: 6566's short term assets (¥7.2B) 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 12.7% to 3.3% over the past 5 years.
Debt Coverage: 6566's debt is well covered by operating cash flow (309.6%).
Interest Coverage: 6566 earns more interest than it pays, so coverage of interest payments is not a concern.