Kagome Balance Sheet Health
Financial Health criteria checks 4/6
Kagome has a total shareholder equity of ¥136.4B and total debt of ¥64.8B, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are ¥265.6B and ¥129.2B respectively. Kagome's EBIT is ¥17.5B making its interest coverage ratio 16.7. It has cash and short-term investments of ¥39.1B.
Key information
47.5%
Debt to equity ratio
JP¥64.78b
Debt
Interest coverage ratio | 16.7x |
Cash | JP¥39.08b |
Equity | JP¥136.44b |
Total liabilities | JP¥129.21b |
Total assets | JP¥265.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2811's short term assets (¥165.5B) exceed its short term liabilities (¥100.4B).
Long Term Liabilities: 2811's short term assets (¥165.5B) exceed its long term liabilities (¥28.8B).
Debt to Equity History and Analysis
Debt Level: 2811's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: 2811's debt to equity ratio has increased from 35.2% to 47.5% over the past 5 years.
Debt Coverage: 2811's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: 2811's interest payments on its debt are well covered by EBIT (16.7x coverage).