Kappa Create Balance Sheet Health
Financial Health criteria checks 5/6
Kappa Create has a total shareholder equity of ¥9.5B and total debt of ¥8.7B, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are ¥31.8B and ¥22.3B respectively. Kappa Create's EBIT is ¥1.2B making its interest coverage ratio 14.6. It has cash and short-term investments of ¥8.7B.
Key information
92.0%
Debt to equity ratio
JP¥8.74b
Debt
Interest coverage ratio | 14.6x |
Cash | JP¥8.72b |
Equity | JP¥9.50b |
Total liabilities | JP¥22.29b |
Total assets | JP¥31.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7421's short term assets (¥14.4B) exceed its short term liabilities (¥12.1B).
Long Term Liabilities: 7421's short term assets (¥14.4B) exceed its long term liabilities (¥10.1B).
Debt to Equity History and Analysis
Debt Level: 7421's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 7421's debt to equity ratio has increased from 45% to 92% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 7421 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 7421 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.6% per year.