Gourmet KineyaLtd Balance Sheet Health
Financial Health criteria checks 2/6
Gourmet KineyaLtd has a total shareholder equity of ¥8.8B and total debt of ¥19.4B, which brings its debt-to-equity ratio to 220%. Its total assets and total liabilities are ¥36.2B and ¥27.4B respectively. Gourmet KineyaLtd's EBIT is ¥781.0M making its interest coverage ratio 5.9. It has cash and short-term investments of ¥9.9B.
Key information
220.0%
Debt to equity ratio
JP¥19.42b
Debt
| Interest coverage ratio | 5.9x |
| Cash | JP¥9.85b |
| Equity | JP¥8.83b |
| Total liabilities | JP¥27.40b |
| Total assets | JP¥36.23b |
Financial Position Analysis
Short Term Liabilities: 9850's short term assets (¥14.1B) exceed its short term liabilities (¥7.7B).
Long Term Liabilities: 9850's short term assets (¥14.1B) do not cover its long term liabilities (¥19.7B).
Debt to Equity History and Analysis
Debt Level: 9850's net debt to equity ratio (108.4%) is considered high.
Reducing Debt: 9850's debt to equity ratio has increased from 88.5% to 220% over the past 5 years.
Debt Coverage: 9850's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 9850's interest payments on its debt are well covered by EBIT (5.9x coverage).