Kotobuki Spirits Balance Sheet Health
Financial Health criteria checks 6/6
Kotobuki Spirits has a total shareholder equity of ¥35.2B and total debt of ¥300.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ¥46.5B and ¥11.3B respectively. Kotobuki Spirits's EBIT is ¥15.8B making its interest coverage ratio -2254.1. It has cash and short-term investments of ¥23.7B.
Key information
0.9%
Debt to equity ratio
JP¥300.00m
Debt
Interest coverage ratio | -2254.1x |
Cash | JP¥23.69b |
Equity | JP¥35.22b |
Total liabilities | JP¥11.29b |
Total assets | JP¥46.51b |
Recent financial health updates
Recent updates
Is Now The Time To Put Kotobuki Spirits (TSE:2222) On Your Watchlist?
May 11Is Kotobuki Spirits Co., Ltd. (TSE:2222) Trading At A 36% Discount?
Apr 25Kotobuki 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 (¥34.4B) exceed its short term liabilities (¥8.8B).
Long Term Liabilities: 2222's short term assets (¥34.4B) exceed its long term liabilities (¥2.5B).
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 2.4% to 0.9% over the past 5 years.
Debt Coverage: 2222's debt is well covered by operating cash flow (3615%).
Interest Coverage: 2222 earns more interest than it pays, so coverage of interest payments is not a concern.