Kobe Bussan Balance Sheet Health
Financial Health criteria checks 6/6
Kobe Bussan has a total shareholder equity of ¥125.9B and total debt of ¥37.0B, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are ¥224.0B and ¥98.1B respectively. Kobe Bussan's EBIT is ¥33.8B making its interest coverage ratio -39.4. It has cash and short-term investments of ¥97.7B.
Key information
29.4%
Debt to equity ratio
JP¥37.02b
Debt
| Interest coverage ratio | -39.4x |
| Cash | JP¥97.69b |
| Equity | JP¥125.93b |
| Total liabilities | JP¥98.11b |
| Total assets | JP¥224.04b |
Recent financial health updates
Is Kobe Bussan (TSE:3038) Using Too Much Debt?
Aug 28
Kobe Bussan (TSE:3038) Has A Rock Solid Balance Sheet
Apr 28Recent updates
Kobe Bussan (TSE:3038) Is Reinvesting To Multiply In Value
Nov 18A Look At The Fair Value Of Kobe Bussan Co., Ltd. (TSE:3038)
Oct 01Is Kobe Bussan (TSE:3038) Using Too Much Debt?
Aug 28Capital Investment Trends At Kobe Bussan (TSE:3038) Look Strong
Aug 15Kobe Bussan Co., Ltd.'s (TSE:3038) Business Is Trailing The Market But Its Shares Aren't
Jul 18Analysts Have Made A Financial Statement On Kobe Bussan Co., Ltd.'s (TSE:3038) Half-Year Report
Jun 18Calculating The Intrinsic Value Of Kobe Bussan Co., Ltd. (TSE:3038)
May 21Kobe Bussan (TSE:3038) Has A Rock Solid Balance Sheet
Apr 28Here's Why Kobe Bussan (TSE:3038) Has Caught The Eye Of Investors
Mar 31We Like These Underlying Return On Capital Trends At Kobe Bussan (TSE:3038)
Mar 15Financial Position Analysis
Short Term Liabilities: 3038's short term assets (¥152.3B) exceed its short term liabilities (¥52.5B).
Long Term Liabilities: 3038's short term assets (¥152.3B) exceed its long term liabilities (¥45.6B).
Debt to Equity History and Analysis
Debt Level: 3038 has more cash than its total debt.
Reducing Debt: 3038's debt to equity ratio has reduced from 129.8% to 29.4% over the past 5 years.
Debt Coverage: 3038's debt is well covered by operating cash flow (83.6%).
Interest Coverage: 3038 earns more interest than it pays, so coverage of interest payments is not a concern.