KH Neochem Balance Sheet Health
Financial Health criteria checks 6/6
KH Neochem has a total shareholder equity of ¥67.0B and total debt of ¥17.9B, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are ¥121.8B and ¥54.9B respectively. KH Neochem's EBIT is ¥10.4B making its interest coverage ratio -112.1. It has cash and short-term investments of ¥5.7B.
Key information
26.7%
Debt to equity ratio
JP¥17.88b
Debt
Interest coverage ratio | -112.1x |
Cash | JP¥5.69b |
Equity | JP¥66.96b |
Total liabilities | JP¥54.88b |
Total assets | JP¥121.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4189's short term assets (¥62.1B) exceed its short term liabilities (¥48.0B).
Long Term Liabilities: 4189's short term assets (¥62.1B) exceed its long term liabilities (¥6.9B).
Debt to Equity History and Analysis
Debt Level: 4189's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: 4189's debt to equity ratio has reduced from 59.2% to 26.7% over the past 5 years.
Debt Coverage: 4189's debt is well covered by operating cash flow (73.8%).
Interest Coverage: 4189 earns more interest than it pays, so coverage of interest payments is not a concern.