KOSE R.E.Ltd Balance Sheet Health
Financial Health criteria checks 6/6
KOSE R.E.Ltd has a total shareholder equity of ¥10.3B and total debt of ¥3.0B, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are ¥14.7B and ¥4.4B respectively. KOSE R.E.Ltd's EBIT is ¥1.6B making its interest coverage ratio 28.9. It has cash and short-term investments of ¥5.6B.
Key information
29.4%
Debt to equity ratio
JP¥3.02b
Debt
Interest coverage ratio | 28.9x |
Cash | JP¥5.64b |
Equity | JP¥10.29b |
Total liabilities | JP¥4.39b |
Total assets | JP¥14.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3246's short term assets (¥14.0B) exceed its short term liabilities (¥2.7B).
Long Term Liabilities: 3246's short term assets (¥14.0B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 3246 has more cash than its total debt.
Reducing Debt: 3246's debt to equity ratio has reduced from 95.8% to 29.4% over the past 5 years.
Debt Coverage: 3246's debt is well covered by operating cash flow (40.3%).
Interest Coverage: 3246's interest payments on its debt are well covered by EBIT (28.9x coverage).