Kibun Foods Balance Sheet Health
Financial Health criteria checks 4/6
Kibun Foods has a total shareholder equity of ¥19.1B and total debt of ¥26.6B, which brings its debt-to-equity ratio to 139.5%. Its total assets and total liabilities are ¥72.1B and ¥53.0B respectively. Kibun Foods's EBIT is ¥5.1B making its interest coverage ratio 10.4. It has cash and short-term investments of ¥6.7B.
Key information
139.5%
Debt to equity ratio
JP¥26.63b
Debt
| Interest coverage ratio | 10.4x |
| Cash | JP¥6.65b |
| Equity | JP¥19.09b |
| Total liabilities | JP¥53.01b |
| Total assets | JP¥72.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2933's short term assets (¥30.7B) exceed its short term liabilities (¥27.9B).
Long Term Liabilities: 2933's short term assets (¥30.7B) exceed its long term liabilities (¥25.1B).
Debt to Equity History and Analysis
Debt Level: 2933's net debt to equity ratio (104.7%) is considered high.
Reducing Debt: 2933's debt to equity ratio has reduced from 625.7% to 139.5% over the past 5 years.
Debt Coverage: 2933's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 2933's interest payments on its debt are well covered by EBIT (10.4x coverage).