Kagome Balance Sheet Health
Financial Health criteria checks 4/6
Kagome has a total shareholder equity of ¥194.9B and total debt of ¥106.9B, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are ¥393.3B and ¥198.4B respectively. Kagome's EBIT is ¥36.8B making its interest coverage ratio 15.9. It has cash and short-term investments of ¥48.0B.
Key information
54.8%
Debt to equity ratio
JP¥106.86b
Debt
| Interest coverage ratio | 15.9x |
| Cash | JP¥48.00b |
| Equity | JP¥194.88b |
| Total liabilities | JP¥198.38b |
| Total assets | JP¥393.25b |
Recent financial health updates
Recent updates
Kagome's (TSE:2811) Dividend Will Be Increased To ¥52.00
Nov 10
Kagome's (TSE:2811) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 11There May Be Underlying Issues With The Quality Of Kagome's (TSE:2811) Earnings
Aug 07Kagome (TSE:2811) Has A Pretty Healthy Balance Sheet
Aug 02Kagome Co., Ltd.'s (TSE:2811) Intrinsic Value Is Potentially 40% Above Its Share Price
Jul 12Kagome Co., Ltd.'s (TSE:2811) Business Is Yet to Catch Up With Its Share Price
Jun 17Returns On Capital Are Showing Encouraging Signs At Kagome (TSE:2811)
May 25Analysts Just Made A Substantial Upgrade To Their Kagome Co., Ltd. (TSE:2811) Forecasts
May 09Here's Why Kagome (TSE:2811) Has Caught The Eye Of Investors
Apr 26Financial Position Analysis
Short Term Liabilities: 2811's short term assets (¥244.9B) exceed its short term liabilities (¥155.6B).
Long Term Liabilities: 2811's short term assets (¥244.9B) exceed its long term liabilities (¥42.7B).
Debt to Equity History and Analysis
Debt Level: 2811's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: 2811's debt to equity ratio has increased from 28.5% to 54.8% over the past 5 years.
Debt Coverage: 2811's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 2811's interest payments on its debt are well covered by EBIT (15.9x coverage).