Kotobuki Spirits Balance Sheet Health
Financial Health criteria checks 6/6
Kotobuki Spirits has a total shareholder equity of ¥33.1B and total debt of ¥300.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ¥43.4B and ¥10.2B respectively. Kotobuki Spirits's EBIT is ¥16.1B making its interest coverage ratio -2306.9. It has cash and short-term investments of ¥20.4B.
Key information
0.9%
Debt to equity ratio
JP¥300.00m
Debt
| Interest coverage ratio | -2306.9x |
| Cash | JP¥20.36b |
| Equity | JP¥33.15b |
| Total liabilities | JP¥10.24b |
| Total assets | JP¥43.39b |
Recent financial health updates
Recent updates
Kotobuki Spirits Co., Ltd. (TSE:2222) Just Reported, And Analysts Assigned A JP¥2,757 Price Target
Aug 05
Kotobuki Spirits (TSE:2222) Knows How To Allocate Capital Effectively
Jul 27Is 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 (¥30.4B) exceed its short term liabilities (¥7.8B).
Long Term Liabilities: 2222's short term assets (¥30.4B) 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 2.1% 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.