Joban KosanLtd Balance Sheet Health
Financial Health criteria checks 1/6
Joban KosanLtd has a total shareholder equity of ¥10.8B and total debt of ¥28.6B, which brings its debt-to-equity ratio to 263.7%. Its total assets and total liabilities are ¥48.5B and ¥37.6B respectively. Joban KosanLtd's EBIT is ¥1.5B making its interest coverage ratio 4.2. It has cash and short-term investments of ¥4.3B.
Key information
263.7%
Debt to equity ratio
JP¥28.60b
Debt
| Interest coverage ratio | 4.2x |
| Cash | JP¥4.32b |
| Equity | JP¥10.85b |
| Total liabilities | JP¥37.65b |
| Total assets | JP¥48.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9675's short term assets (¥8.2B) do not cover its short term liabilities (¥8.7B).
Long Term Liabilities: 9675's short term assets (¥8.2B) do not cover its long term liabilities (¥28.9B).
Debt to Equity History and Analysis
Debt Level: 9675's net debt to equity ratio (223.8%) is considered high.
Reducing Debt: 9675's debt to equity ratio has increased from 184.5% to 263.7% over the past 5 years.
Debt Coverage: 9675's debt is not well covered by operating cash flow (4%).
Interest Coverage: 9675's interest payments on its debt are well covered by EBIT (4.2x coverage).