Kappa Create Balance Sheet Health
Financial Health criteria checks 5/6
Kappa Create has a total shareholder equity of ¥10.4B and total debt of ¥8.7B, which brings its debt-to-equity ratio to 83.9%. Its total assets and total liabilities are ¥31.7B and ¥21.3B respectively. Kappa Create's EBIT is ¥1.5B making its interest coverage ratio 14. It has cash and short-term investments of ¥9.2B.
Key information
83.9%
Debt to equity ratio
JP¥8.68b
Debt
| Interest coverage ratio | 14x |
| Cash | JP¥9.17b |
| Equity | JP¥10.35b |
| Total liabilities | JP¥21.34b |
| Total assets | JP¥31.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7421's short term assets (¥14.1B) exceed its short term liabilities (¥11.1B).
Long Term Liabilities: 7421's short term assets (¥14.1B) exceed its long term liabilities (¥10.2B).
Debt to Equity History and Analysis
Debt Level: 7421 has more cash than its total debt.
Reducing Debt: 7421's debt to equity ratio has increased from 42.8% to 83.9% over the past 5 years.
Debt Coverage: 7421's debt is well covered by operating cash flow (46.5%).
Interest Coverage: 7421's interest payments on its debt are well covered by EBIT (14x coverage).