Kikkoman Balance Sheet Health
Financial Health criteria checks 6/6
Kikkoman has a total shareholder equity of ¥498.3B and total debt of ¥18.2B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥667.9B and ¥169.6B respectively. Kikkoman's EBIT is ¥69.7B making its interest coverage ratio -19.3. It has cash and short-term investments of ¥150.8B.
Key information
3.6%
Debt to equity ratio
JP¥18.17b
Debt
Interest coverage ratio | -19.3x |
Cash | JP¥150.78b |
Equity | JP¥498.25b |
Total liabilities | JP¥169.62b |
Total assets | JP¥667.88b |
Recent financial health updates
Recent updates
Calculating 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 (¥342.5B) exceed its short term liabilities (¥95.1B).
Long Term Liabilities: 2801's short term assets (¥342.5B) exceed its long term liabilities (¥74.6B).
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 6.3% to 3.6% over the past 5 years.
Debt Coverage: 2801's debt is well covered by operating cash flow (444.7%).
Interest Coverage: 2801 earns more interest than it pays, so coverage of interest payments is not a concern.