Kodama Chemical IndustryLtd Balance Sheet Health
Financial Health criteria checks 3/6
Kodama Chemical IndustryLtd has a total shareholder equity of ¥5.2B and total debt of ¥3.9B, which brings its debt-to-equity ratio to 73.7%. Its total assets and total liabilities are ¥14.6B and ¥9.4B respectively. Kodama Chemical IndustryLtd's EBIT is ¥175.0M making its interest coverage ratio 3.7. It has cash and short-term investments of ¥1.8B.
Key information
73.7%
Debt to equity ratio
JP¥3.86b
Debt
Interest coverage ratio | 3.7x |
Cash | JP¥1.80b |
Equity | JP¥5.24b |
Total liabilities | JP¥9.36b |
Total assets | JP¥14.60b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4222's short term assets (¥5.9B) do not cover its short term liabilities (¥6.5B).
Long Term Liabilities: 4222's short term assets (¥5.9B) exceed its long term liabilities (¥2.9B).
Debt to Equity History and Analysis
Debt Level: 4222's net debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: 4222's debt to equity ratio has reduced from 787.6% to 73.7% 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.