Kotobuki Spirits Balance Sheet Health
Financial Health criteria checks 6/6
Kotobuki Spirits has a total shareholder equity of ¥32.3B and total debt of ¥317.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ¥42.7B and ¥10.5B respectively. Kotobuki Spirits's EBIT is ¥14.8B making its interest coverage ratio -2965.6. It has cash and short-term investments of ¥18.0B.
Key information
1.0%
Debt to equity ratio
JP¥317.00m
Debt
| Interest coverage ratio | -2965.6x |
| Cash | JP¥18.03b |
| Equity | JP¥32.26b |
| Total liabilities | JP¥10.48b |
| Total assets | JP¥42.75b |
Recent financial health updates
Recent updates
Is Kotobuki Spirits Co., Ltd. (TSE:2222) Trading At A 36% Discount?
Apr 25
Kotobuki Spirits (TSE:2222) Could Easily Take On More Debt
Apr 09Investors Still Waiting For A Pull Back In Kotobuki Spirits Co., Ltd. (TSE:2222)
Mar 14Shareholders Would Enjoy A Repeat Of Kotobuki Spirits' (TSE:2222) Recent Growth In Returns
Feb 26Financial Position Analysis
Short Term Liabilities: 2222's short term assets (¥30.8B) exceed its short term liabilities (¥8.1B).
Long Term Liabilities: 2222's short term assets (¥30.8B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 2222 has more cash than its total debt.
Reducing Debt: 2222's debt to equity ratio has reduced from 2.9% to 1% over the past 5 years.
Debt Coverage: 2222's debt is well covered by operating cash flow (3145.7%).
Interest Coverage: 2222 earns more interest than it pays, so coverage of interest payments is not a concern.