Kurotani Balance Sheet Health
Financial Health criteria checks 4/6
Kurotani has a total shareholder equity of ¥9.0B and total debt of ¥10.4B, which brings its debt-to-equity ratio to 115.2%. Its total assets and total liabilities are ¥22.7B and ¥13.6B respectively. Kurotani's EBIT is ¥852.0M making its interest coverage ratio 9.7. It has cash and short-term investments of ¥783.0M.
Key information
115.2%
Debt to equity ratio
JP¥10.42b
Debt
Interest coverage ratio | 9.7x |
Cash | JP¥783.00m |
Equity | JP¥9.04b |
Total liabilities | JP¥13.61b |
Total assets | JP¥22.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3168's short term assets (¥19.6B) exceed its short term liabilities (¥11.8B).
Long Term Liabilities: 3168's short term assets (¥19.6B) exceed its long term liabilities (¥1.8B).
Debt to Equity History and Analysis
Debt Level: 3168's net debt to equity ratio (106.6%) is considered high.
Reducing Debt: 3168's debt to equity ratio has increased from 113.2% to 115.2% over the past 5 years.
Debt Coverage: 3168's debt is well covered by operating cash flow (22.2%).
Interest Coverage: 3168's interest payments on its debt are well covered by EBIT (9.7x coverage).