Kibun Foods Balance Sheet Health
Financial Health criteria checks 3/6
Kibun Foods has a total shareholder equity of ¥16.5B and total debt of ¥29.7B, which brings its debt-to-equity ratio to 179.5%. Its total assets and total liabilities are ¥74.8B and ¥58.3B respectively. Kibun Foods's EBIT is ¥4.3B making its interest coverage ratio 8.7. It has cash and short-term investments of ¥6.2B.
Key information
179.5%
Debt to equity ratio
JP¥29.68b
Debt
Interest coverage ratio | 8.7x |
Cash | JP¥6.16b |
Equity | JP¥16.54b |
Total liabilities | JP¥58.28b |
Total assets | JP¥74.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2933's short term assets (¥38.3B) exceed its short term liabilities (¥34.7B).
Long Term Liabilities: 2933's short term assets (¥38.3B) exceed its long term liabilities (¥23.6B).
Debt to Equity History and Analysis
Debt Level: 2933's net debt to equity ratio (142.3%) is considered high.
Reducing Debt: Insufficient data to determine if 2933's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2933's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: 2933's interest payments on its debt are well covered by EBIT (8.7x coverage).