Kato Sangyo Balance Sheet Health
Financial Health criteria checks 5/6
Kato Sangyo has a total shareholder equity of ¥158.7B and total debt of ¥6.1B, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are ¥491.6B and ¥332.9B respectively. Kato Sangyo's EBIT is ¥17.4B making its interest coverage ratio -17.9. It has cash and short-term investments of ¥84.9B.
Key information
3.9%
Debt to equity ratio
JP¥6.12b
Debt
Interest coverage ratio | -17.9x |
Cash | JP¥84.93b |
Equity | JP¥158.71b |
Total liabilities | JP¥332.88b |
Total assets | JP¥491.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9869's short term assets (¥347.8B) exceed its short term liabilities (¥307.5B).
Long Term Liabilities: 9869's short term assets (¥347.8B) exceed its long term liabilities (¥25.4B).
Debt to Equity History and Analysis
Debt Level: 9869 has more cash than its total debt.
Reducing Debt: 9869's debt to equity ratio has increased from 2.3% to 3.9% over the past 5 years.
Debt Coverage: 9869's debt is well covered by operating cash flow (240%).
Interest Coverage: 9869 earns more interest than it pays, so coverage of interest payments is not a concern.