Kameda SeikaLtd Balance Sheet Health
Financial Health criteria checks 5/6
Kameda SeikaLtd has a total shareholder equity of ¥70.9B and total debt of ¥22.0B, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are ¥116.1B and ¥45.2B respectively. Kameda SeikaLtd's EBIT is ¥3.3B making its interest coverage ratio -35.8. It has cash and short-term investments of ¥7.7B.
Key information
31.0%
Debt to equity ratio
JP¥21.97b
Debt
Interest coverage ratio | -35.8x |
Cash | JP¥7.68b |
Equity | JP¥70.87b |
Total liabilities | JP ¥45.25b |
Total assets | JP¥116.12b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2220's short term assets (¥33.0B) exceed its short term liabilities (¥29.1B).
Long Term Liabilities: 2220's short term assets (¥33.0B) exceed its long term liabilities (¥16.1B).
Debt to Equity History and Analysis
Debt Level: 2220's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: 2220's debt to equity ratio has increased from 22.5% to 31% over the past 5 years.
Debt Coverage: 2220's debt is well covered by operating cash flow (35.7%).
Interest Coverage: 2220 earns more interest than it pays, so coverage of interest payments is not a concern.