Kanamic NetworkLTD Balance Sheet Health
Financial Health criteria checks 5/6
Kanamic NetworkLTD has a total shareholder equity of ¥3.1B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are ¥5.3B and ¥2.1B respectively. Kanamic NetworkLTD's EBIT is ¥1.2B making its interest coverage ratio 234. It has cash and short-term investments of ¥2.4B.
Key information
37.8%
Debt to equity ratio
JP¥1.18b
Debt
Interest coverage ratio | 234x |
Cash | JP¥2.41b |
Equity | JP¥3.12b |
Total liabilities | JP¥2.14b |
Total assets | JP¥5.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3939's short term assets (¥2.8B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 3939's short term assets (¥2.8B) exceed its long term liabilities (¥995.0M).
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 (121.3%).
Interest Coverage: 3939's interest payments on its debt are well covered by EBIT (234x coverage).