Koatsu Gas Kogyo Balance Sheet Health
Financial Health criteria checks 5/6
Koatsu Gas Kogyo has a total shareholder equity of ¥76.4B and total debt of ¥11.5B, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are ¥120.2B and ¥43.7B respectively. Koatsu Gas Kogyo's EBIT is ¥5.6B making its interest coverage ratio -20.4. It has cash and short-term investments of ¥29.2B.
Key information
15.1%
Debt to equity ratio
JP¥11.52b
Debt
Interest coverage ratio | -20.4x |
Cash | JP¥29.22b |
Equity | JP¥76.45b |
Total liabilities | JP¥43.74b |
Total assets | JP¥120.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4097's short term assets (¥64.0B) exceed its short term liabilities (¥29.9B).
Long Term Liabilities: 4097's short term assets (¥64.0B) exceed its long term liabilities (¥13.8B).
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 7.7% to 15.1% over the past 5 years.
Debt Coverage: 4097's debt is well covered by operating cash flow (70.4%).
Interest Coverage: 4097 earns more interest than it pays, so coverage of interest payments is not a concern.