Kobe Bussan Balance Sheet Health
Financial Health criteria checks 6/6
Kobe Bussan has a total shareholder equity of ¥123.1B and total debt of ¥37.3B, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are ¥222.2B and ¥99.1B respectively. Kobe Bussan's EBIT is ¥34.1B making its interest coverage ratio -36.3. It has cash and short-term investments of ¥99.5B.
Key information
30.3%
Debt to equity ratio
JP¥37.31b
Debt
| Interest coverage ratio | -36.3x |
| Cash | JP¥99.52b |
| Equity | JP¥123.07b |
| Total liabilities | JP¥99.11b |
| Total assets | JP¥222.18b |
Recent financial health updates
Recent updates
Kobe Bussan Co., Ltd.'s (TSE:3038) Business Is Trailing The Market But Its Shares Aren't
Jul 18
Analysts 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 (¥149.9B) exceed its short term liabilities (¥52.2B).
Long Term Liabilities: 3038's short term assets (¥149.9B) exceed its long term liabilities (¥46.9B).
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 146.3% to 30.3% over the past 5 years.
Debt Coverage: 3038's debt is well covered by operating cash flow (83%).
Interest Coverage: 3038 earns more interest than it pays, so coverage of interest payments is not a concern.