Kagome Balance Sheet Health
Financial Health criteria checks 5/6
Kagome has a total shareholder equity of ¥185.9B and total debt of ¥93.7B, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are ¥361.8B and ¥175.9B respectively. Kagome's EBIT is ¥34.6B making its interest coverage ratio 14.6. It has cash and short-term investments of ¥29.9B.
Key information
50.4%
Debt to equity ratio
JP¥93.65b
Debt
| Interest coverage ratio | 14.6x |
| Cash | JP¥29.93b |
| Equity | JP¥185.94b |
| Total liabilities | JP¥175.90b |
| Total assets | JP¥361.84b |
Recent financial health updates
Recent updates
There May Be Underlying Issues With The Quality Of Kagome's (TSE:2811) Earnings
Aug 07
Kagome (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 (¥202.8B) exceed its short term liabilities (¥137.7B).
Long Term Liabilities: 2811's short term assets (¥202.8B) exceed its long term liabilities (¥38.2B).
Debt to Equity History and Analysis
Debt Level: 2811's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: 2811's debt to equity ratio has increased from 28.9% to 50.4% over the past 5 years.
Debt Coverage: 2811's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 2811's interest payments on its debt are well covered by EBIT (14.6x coverage).