Kimura Unity Balance Sheet Health
Financial Health criteria checks 6/6
Kimura Unity has a total shareholder equity of ¥40.9B and total debt of ¥5.1B, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are ¥64.5B and ¥23.6B respectively. Kimura Unity's EBIT is ¥4.5B making its interest coverage ratio -41.3. It has cash and short-term investments of ¥12.4B.
Key information
12.5%
Debt to equity ratio
JP¥5.11b
Debt
Interest coverage ratio | -41.3x |
Cash | JP¥12.35b |
Equity | JP¥40.92b |
Total liabilities | JP¥23.56b |
Total assets | JP¥64.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9368's short term assets (¥29.8B) exceed its short term liabilities (¥13.2B).
Long Term Liabilities: 9368's short term assets (¥29.8B) exceed its long term liabilities (¥10.4B).
Debt to Equity History and Analysis
Debt Level: 9368 has more cash than its total debt.
Reducing Debt: 9368's debt to equity ratio has reduced from 19.1% to 12.5% over the past 5 years.
Debt Coverage: 9368's debt is well covered by operating cash flow (108.4%).
Interest Coverage: 9368 earns more interest than it pays, so coverage of interest payments is not a concern.