Kawanishi WarehouseLtd Balance Sheet Health
Financial Health criteria checks 5/6
Kawanishi WarehouseLtd has a total shareholder equity of ¥24.2B and total debt of ¥8.5B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are ¥38.1B and ¥14.0B respectively. Kawanishi WarehouseLtd's EBIT is ¥989.0M making its interest coverage ratio -19. It has cash and short-term investments of ¥6.0B.
Key information
35.3%
Debt to equity ratio
JP¥8.53b
Debt
| Interest coverage ratio | -19x |
| Cash | JP¥6.04b |
| Equity | JP¥24.17b |
| Total liabilities | JP¥13.95b |
| Total assets | JP¥38.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9322's short term assets (¥10.4B) exceed its short term liabilities (¥3.5B).
Long Term Liabilities: 9322's short term assets (¥10.4B) do not cover its long term liabilities (¥10.4B).
Debt to Equity History and Analysis
Debt Level: 9322's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: 9322's debt to equity ratio has reduced from 56.4% to 35.3% over the past 5 years.
Debt Coverage: 9322's debt is well covered by operating cash flow (28.2%).
Interest Coverage: 9322 earns more interest than it pays, so coverage of interest payments is not a concern.