Kikkoman Balance Sheet Health
Financial Health criteria checks 6/6
Kikkoman has a total shareholder equity of ¥500.5B and total debt of ¥17.8B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥656.5B and ¥156.1B respectively. Kikkoman's EBIT is ¥78.2B making its interest coverage ratio -17.2. It has cash and short-term investments of ¥118.8B.
Key information
3.6%
Debt to equity ratio
JP¥17.84b
Debt
| Interest coverage ratio | -17.2x |
| Cash | JP¥118.81b |
| Equity | JP¥500.46b |
| Total liabilities | JP¥156.05b |
| Total assets | JP¥656.52b |
Recent financial health updates
Kikkoman (TSE:2801) Seems To Use Debt Rather Sparingly
Jul 11
Kikkoman (TSE:2801) Could Easily Take On More Debt
Apr 11Recent updates
The Kikkoman Corporation (TSE:2801) Half-Year Results Are Out And Analysts Have Published New Forecasts
Nov 09Kikkoman (TSE:2801) Has More To Do To Multiply In Value Going Forward
Nov 06Calculating The Intrinsic Value Of Kikkoman Corporation (TSE:2801)
Oct 06Here's Why We Think Kikkoman (TSE:2801) Might Deserve Your Attention Today
Sep 21Kikkoman Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 08Investors Met With Slowing Returns on Capital At Kikkoman (TSE:2801)
Jul 25Kikkoman (TSE:2801) Seems To Use Debt Rather Sparingly
Jul 11Calculating The Fair Value Of Kikkoman Corporation (TSE:2801)
Jun 11Getting In Cheap On Kikkoman Corporation (TSE:2801) Is Unlikely
May 14Earnings Beat: Kikkoman Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Apr 30Here's Why We Think Kikkoman (TSE:2801) Might Deserve Your Attention Today
Apr 27Kikkoman (TSE:2801) Could Easily Take On More Debt
Apr 11Financial Position Analysis
Short Term Liabilities: 2801's short term assets (¥332.0B) exceed its short term liabilities (¥82.7B).
Long Term Liabilities: 2801's short term assets (¥332.0B) exceed its long term liabilities (¥73.3B).
Debt to Equity History and Analysis
Debt Level: 2801 has more cash than its total debt.
Reducing Debt: 2801's debt to equity ratio has reduced from 6.2% to 3.6% over the past 5 years.
Debt Coverage: 2801's debt is well covered by operating cash flow (453%).
Interest Coverage: 2801 earns more interest than it pays, so coverage of interest payments is not a concern.