Kao Balance Sheet Health
Financial Health criteria checks 6/6
Kao has a total shareholder equity of ¥1,012.0B and total debt of ¥138.5B, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are ¥1,769.7B and ¥757.7B respectively. Kao's EBIT is ¥60.0B making its interest coverage ratio -42.3. It has cash and short-term investments of ¥291.7B.
Key information
13.7%
Debt to equity ratio
JP¥138.48b
Debt
Interest coverage ratio | -42.3x |
Cash | JP¥291.66b |
Equity | JP¥1.01t |
Total liabilities | JP¥757.70b |
Total assets | JP¥1.77t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4452's short term assets (¥817.1B) exceed its short term liabilities (¥459.9B).
Long Term Liabilities: 4452's short term assets (¥817.1B) exceed its long term liabilities (¥297.8B).
Debt to Equity History and Analysis
Debt Level: 4452 has more cash than its total debt.
Reducing Debt: 4452's debt to equity ratio has reduced from 14.5% to 13.7% over the past 5 years.
Debt Coverage: 4452's debt is well covered by operating cash flow (146.2%).
Interest Coverage: 4452 earns more interest than it pays, so coverage of interest payments is not a concern.