Kansai Food Market Balance Sheet Health
Financial Health criteria checks 5/6
Kansai Food Market has a total shareholder equity of ¥69.6B and total debt of ¥11.5B, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are ¥157.2B and ¥87.6B respectively. Kansai Food Market's EBIT is ¥9.3B making its interest coverage ratio 35.1. It has cash and short-term investments of ¥19.3B.
Key information
16.5%
Debt to equity ratio
JP¥11.50b
Debt
| Interest coverage ratio | 35.1x |
| Cash | JP¥19.34b |
| Equity | JP¥69.65b |
| Total liabilities | JP¥87.55b |
| Total assets | JP¥157.20b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 9919's short term assets (¥52.1B) do not cover its short term liabilities (¥64.2B).
Long Term Liabilities: 9919's short term assets (¥52.1B) exceed its long term liabilities (¥23.3B).
Debt to Equity History and Analysis
Debt Level: 9919 has more cash than its total debt.
Reducing Debt: 9919's debt to equity ratio has reduced from 17.2% to 16.5% over the past 5 years.
Debt Coverage: 9919's debt is well covered by operating cash flow (149.7%).
Interest Coverage: 9919's interest payments on its debt are well covered by EBIT (35.1x coverage).