Kanamic NetworkLTD Balance Sheet Health
Financial Health criteria checks 5/6
Kanamic NetworkLTD has a total shareholder equity of ¥3.6B and total debt of ¥1.0B, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are ¥5.6B and ¥2.0B respectively. Kanamic NetworkLTD's EBIT is ¥1.3B making its interest coverage ratio 218.6. It has cash and short-term investments of ¥2.8B.
Key information
28.0%
Debt to equity ratio
JP¥1.01b
Debt
| Interest coverage ratio | 218.6x |
| Cash | JP¥2.76b |
| Equity | JP¥3.62b |
| Total liabilities | JP¥2.02b |
| Total assets | JP¥5.64b |
Recent financial health updates
No updates
Recent updates
Kanamic NetworkLTD (TSE:3939) Has Announced That It Will Be Increasing Its Dividend To ¥6.50
Sep 26
Kanamic NetworkLTD (TSE:3939) Will Pay A Larger Dividend Than Last Year At ¥6.50
Aug 30Kanamic NetworkLTD (TSE:3939) Will Be Hoping To Turn Its Returns On Capital Around
Aug 12Kanamic NetworkLTD (TSE:3939) Will Pay A Larger Dividend Than Last Year At ¥6.50
Jul 22Kanamic NetworkLTD's (TSE:3939) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 19Kanamic NetworkLTD (TSE:3939) Is Increasing Its Dividend To ¥6.50
Jun 03Kanamic NetworkLTD's (TSE:3939) Upcoming Dividend Will Be Larger Than Last Year's
May 13Market Participants Recognise Kanamic Network Co.,LTD's (TSE:3939) Earnings Pushing Shares 32% Higher
Feb 29Financial Position Analysis
Short Term Liabilities: 3939's short term assets (¥3.2B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 3939's short term assets (¥3.2B) exceed its long term liabilities (¥841.3M).
Debt to Equity History and Analysis
Debt Level: 3939 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 3939's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 3939's debt is well covered by operating cash flow (150.9%).
Interest Coverage: 3939's interest payments on its debt are well covered by EBIT (218.6x coverage).