Kuze Balance Sheet Health
Financial Health criteria checks 5/6
Kuze has a total shareholder equity of ¥6.6B and total debt of ¥4.6B, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are ¥27.3B and ¥20.7B respectively. Kuze's EBIT is ¥2.1B making its interest coverage ratio 46.9. It has cash and short-term investments of ¥6.9B.
Key information
70.5%
Debt to equity ratio
JP¥4.62b
Debt
Interest coverage ratio | 46.9x |
Cash | JP¥6.94b |
Equity | JP¥6.55b |
Total liabilities | JP¥20.74b |
Total assets | JP¥27.29b |
Recent financial health updates
No updates
Recent updates
We Like Kuze's (TSE:2708) Returns And Here's How They're Trending
Apr 01Kuze Co., Ltd.'s (TSE:2708) Earnings Are Not Doing Enough For Some Investors
Feb 29Do Investors Have Good Reason To Be Wary Of Kuze Co., Ltd.'s (TYO:2708) 0.8% Dividend Yield?
Mar 23Are Dividend Investors Making A Mistake With Kuze Co.,Ltd. (TYO:2708)?
Dec 08Financial Position Analysis
Short Term Liabilities: 2708's short term assets (¥20.4B) exceed its short term liabilities (¥16.8B).
Long Term Liabilities: 2708's short term assets (¥20.4B) exceed its long term liabilities (¥4.0B).
Debt to Equity History and Analysis
Debt Level: 2708 has more cash than its total debt.
Reducing Debt: 2708's debt to equity ratio has increased from 35.4% to 70.5% over the past 5 years.
Debt Coverage: 2708's debt is well covered by operating cash flow (92.4%).
Interest Coverage: 2708's interest payments on its debt are well covered by EBIT (46.9x coverage).