Kurotani Balance Sheet Health
Financial Health criteria checks 3/6
Kurotani has a total shareholder equity of ¥9.5B and total debt of ¥12.8B, which brings its debt-to-equity ratio to 134.9%. Its total assets and total liabilities are ¥26.6B and ¥17.1B respectively. Kurotani's EBIT is ¥1.5B making its interest coverage ratio 19.3. It has cash and short-term investments of ¥1.5B.
Key information
134.9%
Debt to equity ratio
JP¥12.79b
Debt
| Interest coverage ratio | 19.3x |
| Cash | JP¥1.53b |
| Equity | JP¥9.48b |
| Total liabilities | JP¥17.13b |
| Total assets | JP¥26.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3168's short term assets (¥23.4B) exceed its short term liabilities (¥14.9B).
Long Term Liabilities: 3168's short term assets (¥23.4B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 3168's net debt to equity ratio (118.7%) is considered high.
Reducing Debt: 3168's debt to equity ratio has increased from 116.1% to 134.9% over the past 5 years.
Debt Coverage: 3168's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: 3168's interest payments on its debt are well covered by EBIT (19.3x coverage).