Kyushu Leasing Service Balance Sheet Health
Financial Health criteria checks 4/6
Kyushu Leasing Service has a total shareholder equity of ¥39.9B and total debt of ¥131.2B, which brings its debt-to-equity ratio to 329%. Its total assets and total liabilities are ¥191.8B and ¥151.9B respectively. Kyushu Leasing Service's EBIT is ¥4.1B making its interest coverage ratio 76.2. It has cash and short-term investments of ¥5.2B.
Key information
329.0%
Debt to equity ratio
JP¥131.24b
Debt
| Interest coverage ratio | 76.2x |
| Cash | JP¥5.19b |
| Equity | JP¥39.89b |
| Total liabilities | JP¥151.93b |
| Total assets | JP¥191.83b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8596's short term assets (¥143.7B) exceed its short term liabilities (¥53.7B).
Long Term Liabilities: 8596's short term assets (¥143.7B) exceed its long term liabilities (¥98.3B).
Debt to Equity History and Analysis
Debt Level: 8596's net debt to equity ratio (316%) is considered high.
Reducing Debt: 8596's debt to equity ratio has reduced from 355.1% to 329% 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 (76.2x coverage).