Kawai Musical Instruments Manufacturing Balance Sheet Health
Financial Health criteria checks 5/6
Kawai Musical Instruments Manufacturing has a total shareholder equity of ¥42.6B and total debt of ¥8.3B, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are ¥73.1B and ¥30.5B respectively. Kawai Musical Instruments Manufacturing's EBIT is ¥4.1B making its interest coverage ratio -40.8. It has cash and short-term investments of ¥17.8B.
Key information
19.5%
Debt to equity ratio
JP¥8.32b
Debt
Interest coverage ratio | -40.8x |
Cash | JP¥17.85b |
Equity | JP¥42.58b |
Total liabilities | JP¥30.50b |
Total assets | JP¥73.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7952's short term assets (¥50.2B) exceed its short term liabilities (¥18.0B).
Long Term Liabilities: 7952's short term assets (¥50.2B) exceed its long term liabilities (¥12.5B).
Debt to Equity History and Analysis
Debt Level: 7952 has more cash than its total debt.
Reducing Debt: 7952's debt to equity ratio has reduced from 29.7% to 19.5% over the past 5 years.
Debt Coverage: 7952's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: 7952 earns more interest than it pays, so coverage of interest payments is not a concern.