Kawaguchi Chemical Industry Balance Sheet Health
Financial Health criteria checks 4/6
Kawaguchi Chemical Industry has a total shareholder equity of ¥2.8B and total debt of ¥3.2B, which brings its debt-to-equity ratio to 114.9%. Its total assets and total liabilities are ¥8.6B and ¥5.8B respectively. Kawaguchi Chemical Industry's EBIT is ¥401.0M making its interest coverage ratio 26.7. It has cash and short-term investments of ¥786.0M.
Key information
114.9%
Debt to equity ratio
JP¥3.20b
Debt
| Interest coverage ratio | 26.7x |
| Cash | JP¥786.00m |
| Equity | JP¥2.79b |
| Total liabilities | JP¥5.76b |
| Total assets | JP¥8.55b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4361's short term assets (¥6.3B) exceed its short term liabilities (¥5.0B).
Long Term Liabilities: 4361's short term assets (¥6.3B) exceed its long term liabilities (¥805.0M).
Debt to Equity History and Analysis
Debt Level: 4361's net debt to equity ratio (86.6%) is considered high.
Reducing Debt: 4361's debt to equity ratio has reduced from 165.2% to 114.9% over the past 5 years.
Debt Coverage: 4361's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: 4361's interest payments on its debt are well covered by EBIT (26.7x coverage).