Koatsu Gas Kogyo Balance Sheet Health
Financial Health criteria checks 5/6
Koatsu Gas Kogyo has a total shareholder equity of ¥77.2B and total debt of ¥11.6B, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are ¥121.1B and ¥44.0B respectively. Koatsu Gas Kogyo's EBIT is ¥5.8B making its interest coverage ratio -20.1. It has cash and short-term investments of ¥28.2B.
Key information
15.0%
Debt to equity ratio
JP¥11.60b
Debt
| Interest coverage ratio | -20.1x |
| Cash | JP¥28.17b |
| Equity | JP¥77.18b |
| Total liabilities | JP¥43.96b |
| Total assets | JP¥121.14b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4097's short term assets (¥63.4B) exceed its short term liabilities (¥29.8B).
Long Term Liabilities: 4097's short term assets (¥63.4B) exceed its long term liabilities (¥14.1B).
Debt to Equity History and Analysis
Debt Level: 4097 has more cash than its total debt.
Reducing Debt: 4097's debt to equity ratio has increased from 7.8% to 15% over the past 5 years.
Debt Coverage: 4097's debt is well covered by operating cash flow (69.8%).
Interest Coverage: 4097 earns more interest than it pays, so coverage of interest payments is not a concern.