Kyushu Leasing Service Balance Sheet Health
Financial Health criteria checks 4/6
Kyushu Leasing Service has a total shareholder equity of ¥42.0B and total debt of ¥134.6B, which brings its debt-to-equity ratio to 320.7%. Its total assets and total liabilities are ¥196.5B and ¥154.5B respectively. Kyushu Leasing Service's EBIT is ¥5.4B making its interest coverage ratio 68.6. It has cash and short-term investments of ¥4.8B.
Key information
320.7%
Debt to equity ratio
JP¥134.63b
Debt
| Interest coverage ratio | 68.6x |
| Cash | JP¥4.77b |
| Equity | JP¥41.98b |
| Total liabilities | JP¥154.53b |
| Total assets | JP¥196.51b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8596's short term assets (¥145.7B) exceed its short term liabilities (¥49.4B).
Long Term Liabilities: 8596's short term assets (¥145.7B) exceed its long term liabilities (¥105.1B).
Debt to Equity History and Analysis
Debt Level: 8596's net debt to equity ratio (309.3%) is considered high.
Reducing Debt: 8596's debt to equity ratio has reduced from 324.9% to 320.7% over the past 5 years.
Debt Coverage: 8596's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8596's interest payments on its debt are well covered by EBIT (68.6x coverage).