Kodama Chemical IndustryLtd Balance Sheet Health
Financial Health criteria checks 3/6
Kodama Chemical IndustryLtd has a total shareholder equity of ¥5.1B and total debt of ¥4.0B, which brings its debt-to-equity ratio to 78.6%. Its total assets and total liabilities are ¥14.7B and ¥9.6B respectively. Kodama Chemical IndustryLtd's EBIT is ¥228.0M making its interest coverage ratio 6.2. It has cash and short-term investments of ¥2.0B.
Key information
78.6%
Debt to equity ratio
JP¥3.99b
Debt
| Interest coverage ratio | 6.2x |
| Cash | JP¥2.00b |
| Equity | JP¥5.08b |
| Total liabilities | JP¥9.61b |
| Total assets | JP¥14.69b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4222's short term assets (¥6.3B) do not cover its short term liabilities (¥6.6B).
Long Term Liabilities: 4222's short term assets (¥6.3B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 4222's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: 4222's debt to equity ratio has reduced from 668.7% to 78.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 4222 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 4222 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.