Kawaguchi Chemical Industry Balance Sheet Health
Financial Health criteria checks 4/6
Kawaguchi Chemical Industry has a total shareholder equity of ¥2.6B and total debt of ¥3.3B, which brings its debt-to-equity ratio to 124.5%. Its total assets and total liabilities are ¥8.1B and ¥5.4B respectively. Kawaguchi Chemical Industry's EBIT is ¥375.0M making its interest coverage ratio 28.8. It has cash and short-term investments of ¥905.0M.
Key information
124.5%
Debt to equity ratio
JP¥3.27b
Debt
Interest coverage ratio | 28.8x |
Cash | JP¥905.00m |
Equity | JP¥2.63b |
Total liabilities | JP¥5.45b |
Total assets | JP¥8.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4361's short term assets (¥5.8B) exceed its short term liabilities (¥4.5B).
Long Term Liabilities: 4361's short term assets (¥5.8B) exceed its long term liabilities (¥928.0M).
Debt to Equity History and Analysis
Debt Level: 4361's net debt to equity ratio (90%) is considered high.
Reducing Debt: 4361's debt to equity ratio has reduced from 154.1% to 124.5% over the past 5 years.
Debt Coverage: 4361's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 4361's interest payments on its debt are well covered by EBIT (28.8x coverage).