King Jim Balance Sheet Health
Financial Health criteria checks 4/6
King Jim has a total shareholder equity of ¥24.8B and total debt of ¥8.5B, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are ¥38.6B and ¥13.8B respectively. King Jim's EBIT is ¥41.0M making its interest coverage ratio -0.5. It has cash and short-term investments of ¥7.1B.
Key information
34.2%
Debt to equity ratio
JP¥8.49b
Debt
Interest coverage ratio | -0.5x |
Cash | JP¥7.10b |
Equity | JP¥24.80b |
Total liabilities | JP¥13.75b |
Total assets | JP¥38.55b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7962's short term assets (¥26.6B) exceed its short term liabilities (¥10.2B).
Long Term Liabilities: 7962's short term assets (¥26.6B) exceed its long term liabilities (¥3.6B).
Debt to Equity History and Analysis
Debt Level: 7962's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 7962's debt to equity ratio has increased from 8.8% to 34.2% over the past 5 years.
Debt Coverage: 7962's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 7962 earns more interest than it pays, so coverage of interest payments is not a concern.