Kibun Foods Balance Sheet Health
Financial Health criteria checks 5/6
Kibun Foods has a total shareholder equity of ¥19.2B and total debt of ¥25.0B, which brings its debt-to-equity ratio to 130.2%. Its total assets and total liabilities are ¥71.0B and ¥51.8B respectively. Kibun Foods's EBIT is ¥4.6B making its interest coverage ratio 9.5. It has cash and short-term investments of ¥8.5B.
Key information
130.2%
Debt to equity ratio
JP¥24.99b
Debt
Interest coverage ratio | 9.5x |
Cash | JP¥8.53b |
Equity | JP¥19.20b |
Total liabilities | JP¥51.79b |
Total assets | JP¥70.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2933's short term assets (¥31.0B) exceed its short term liabilities (¥26.5B).
Long Term Liabilities: 2933's short term assets (¥31.0B) exceed its long term liabilities (¥25.3B).
Debt to Equity History and Analysis
Debt Level: 2933's net debt to equity ratio (85.8%) is considered high.
Reducing Debt: 2933's debt to equity ratio has reduced from 513.3% to 130.2% over the past 5 years.
Debt Coverage: 2933's debt is well covered by operating cash flow (22.2%).
Interest Coverage: 2933's interest payments on its debt are well covered by EBIT (9.5x coverage).