Kanro Balance Sheet Health
Financial Health criteria checks 6/6
Kanro has a total shareholder equity of ¥14.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥25.8B and ¥11.3B respectively. Kanro's EBIT is ¥3.4B making its interest coverage ratio -714.5. It has cash and short-term investments of ¥3.8B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -714.5x |
Cash | JP¥3.82b |
Equity | JP¥14.53b |
Total liabilities | JP¥11.31b |
Total assets | JP¥25.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2216's short term assets (¥13.9B) exceed its short term liabilities (¥8.6B).
Long Term Liabilities: 2216's short term assets (¥13.9B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 2216 is debt free.
Reducing Debt: 2216 has no debt compared to 5 years ago when its debt to equity ratio was 16.5%.
Debt Coverage: 2216 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2216 has no debt, therefore coverage of interest payments is not a concern.