KENKO MayonnaiseLtd Balance Sheet Health
Financial Health criteria checks 6/6
KENKO MayonnaiseLtd has a total shareholder equity of ¥40.8B and total debt of ¥4.0B, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are ¥65.4B and ¥24.7B respectively. KENKO MayonnaiseLtd's EBIT is ¥5.4B making its interest coverage ratio 487.5. It has cash and short-term investments of ¥15.9B.
Key information
9.9%
Debt to equity ratio
JP¥4.02b
Debt
| Interest coverage ratio | 487.5x |
| Cash | JP¥15.94b |
| Equity | JP¥40.77b |
| Total liabilities | JP¥24.67b |
| Total assets | JP¥65.44b |
Recent financial health updates
Recent updates
KENKO Mayonnaise Co.,Ltd.'s (TSE:2915) P/S Is Still On The Mark Following 29% Share Price Bounce
Sep 04
Returns On Capital At KENKO MayonnaiseLtd (TSE:2915) Have Hit The Brakes
Aug 06Impressive Earnings May Not Tell The Whole Story For KENKO MayonnaiseLtd (TSE:2915)
May 21KENKO MayonnaiseLtd (TSE:2915) Could Easily Take On More Debt
Apr 12KENKO MayonnaiseLtd (TSE:2915) Will Pay A Larger Dividend Than Last Year At ¥20.00
Mar 21Earnings Not Telling The Story For KENKO Mayonnaise Co.,Ltd. (TSE:2915) After Shares Rise 27%
Feb 27Financial Position Analysis
Short Term Liabilities: 2915's short term assets (¥35.6B) exceed its short term liabilities (¥18.5B).
Long Term Liabilities: 2915's short term assets (¥35.6B) exceed its long term liabilities (¥6.2B).
Debt to Equity History and Analysis
Debt Level: 2915 has more cash than its total debt.
Reducing Debt: 2915's debt to equity ratio has reduced from 32.8% to 9.9% over the past 5 years.
Debt Coverage: 2915's debt is well covered by operating cash flow (107.7%).
Interest Coverage: 2915's interest payments on its debt are well covered by EBIT (487.5x coverage).