Kirin Holdings Company Balance Sheet Health
Financial Health criteria checks 5/6
Kirin Holdings Company has a total shareholder equity of ¥1,425.8B and total debt of ¥656.4B, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are ¥2,869.6B and ¥1,443.7B respectively. Kirin Holdings Company's EBIT is ¥184.2B making its interest coverage ratio 153. It has cash and short-term investments of ¥140.3B.
Key information
46.0%
Debt to equity ratio
JP¥656.40b
Debt
Interest coverage ratio | 153x |
Cash | JP¥140.34b |
Equity | JP¥1.43t |
Total liabilities | JP¥1.44t |
Total assets | JP¥2.87t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2503's short term assets (¥957.8B) exceed its short term liabilities (¥672.8B).
Long Term Liabilities: 2503's short term assets (¥957.8B) exceed its long term liabilities (¥770.9B).
Debt to Equity History and Analysis
Debt Level: 2503's net debt to equity ratio (36.2%) is considered satisfactory.
Reducing Debt: 2503's debt to equity ratio has increased from 34.6% to 46% over the past 5 years.
Debt Coverage: 2503's debt is well covered by operating cash flow (31%).
Interest Coverage: 2503's interest payments on its debt are well covered by EBIT (153x coverage).