Joban KosanLtd Balance Sheet Health
Financial Health criteria checks 1/6
Joban KosanLtd has a total shareholder equity of ¥10.4B and total debt of ¥28.6B, which brings its debt-to-equity ratio to 276%. Its total assets and total liabilities are ¥50.1B and ¥39.7B respectively. Joban KosanLtd's EBIT is ¥1.2B making its interest coverage ratio 4.6. It has cash and short-term investments of ¥4.7B.
Key information
276.0%
Debt to equity ratio
JP¥28.64b
Debt
Interest coverage ratio | 4.6x |
Cash | JP¥4.71b |
Equity | JP¥10.37b |
Total liabilities | JP¥39.73b |
Total assets | JP¥50.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9675's short term assets (¥10.3B) do not cover its short term liabilities (¥13.4B).
Long Term Liabilities: 9675's short term assets (¥10.3B) do not cover its long term liabilities (¥26.3B).
Debt to Equity History and Analysis
Debt Level: 9675's net debt to equity ratio (230.6%) is considered high.
Reducing Debt: 9675's debt to equity ratio has increased from 178% to 276% over the past 5 years.
Debt Coverage: 9675's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9675's interest payments on its debt are well covered by EBIT (4.6x coverage).