Kawanishi WarehouseLtd Balance Sheet Health
Financial Health criteria checks 5/6
Kawanishi WarehouseLtd has a total shareholder equity of ¥23.5B and total debt of ¥9.4B, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are ¥38.3B and ¥14.8B respectively. Kawanishi WarehouseLtd's EBIT is ¥899.0M making its interest coverage ratio -34.6. It has cash and short-term investments of ¥5.5B.
Key information
40.0%
Debt to equity ratio
JP¥9.41b
Debt
Interest coverage ratio | -34.6x |
Cash | JP¥5.49b |
Equity | JP¥23.52b |
Total liabilities | JP¥14.81b |
Total assets | JP¥38.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9322's short term assets (¥10.3B) exceed its short term liabilities (¥3.8B).
Long Term Liabilities: 9322's short term assets (¥10.3B) do not cover its long term liabilities (¥11.0B).
Debt to Equity History and Analysis
Debt Level: 9322's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: 9322's debt to equity ratio has reduced from 52.5% to 40% over the past 5 years.
Debt Coverage: 9322's debt is well covered by operating cash flow (23.5%).
Interest Coverage: 9322 earns more interest than it pays, so coverage of interest payments is not a concern.