Kewpie Balance Sheet Health
Financial Health criteria checks 6/6
Kewpie has a total shareholder equity of ¥321.3B and total debt of ¥17.9B, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are ¥432.6B and ¥111.3B respectively. Kewpie's EBIT is ¥31.4B making its interest coverage ratio -37.1. It has cash and short-term investments of ¥73.7B.
Key information
5.6%
Debt to equity ratio
JP¥17.87b
Debt
| Interest coverage ratio | -37.1x |
| Cash | JP¥73.67b |
| Equity | JP¥321.31b |
| Total liabilities | JP¥111.31b |
| Total assets | JP¥432.62b |
Recent financial health updates
No updates
Recent updates
Returns At Kewpie (TSE:2809) Appear To Be Weighed Down
Aug 14
Calculating The Fair Value Of Kewpie Corporation (TSE:2809)
Jul 30Kewpie (TSE:2809) Has Affirmed Its Dividend Of ¥23.00
May 23Kewpie (TSE:2809) Is Paying Out A Dividend Of ¥23.00
May 09Kewpie Corporation's (TSE:2809) Price Is Out Of Tune With Earnings
Apr 25Kewpie (TSE:2809) Is Due To Pay A Dividend Of ¥23.00
Apr 25Kewpie (TSE:2809) Is Paying Out A Dividend Of ¥23.00
Apr 05Kewpie (TSE:2809) Will Pay A Dividend Of ¥23.00
Mar 04Financial Position Analysis
Short Term Liabilities: 2809's short term assets (¥182.8B) exceed its short term liabilities (¥73.0B).
Long Term Liabilities: 2809's short term assets (¥182.8B) exceed its long term liabilities (¥38.3B).
Debt to Equity History and Analysis
Debt Level: 2809 has more cash than its total debt.
Reducing Debt: 2809's debt to equity ratio has reduced from 22.6% to 5.6% over the past 5 years.
Debt Coverage: 2809's debt is well covered by operating cash flow (247.6%).
Interest Coverage: 2809 earns more interest than it pays, so coverage of interest payments is not a concern.