Kawaguchi Chemical Industry Balance Sheet Health
Financial Health criteria checks 4/6
Kawaguchi Chemical Industry has a total shareholder equity of ¥2.7B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 112.5%. Its total assets and total liabilities are ¥8.0B and ¥5.3B respectively. Kawaguchi Chemical Industry's EBIT is ¥401.0M making its interest coverage ratio 28.6. It has cash and short-term investments of ¥946.0M.
Key information
112.5%
Debt to equity ratio
JP¥3.09b
Debt
| Interest coverage ratio | 28.6x |
| Cash | JP¥946.00m |
| Equity | JP¥2.75b |
| Total liabilities | JP¥5.29b |
| Total assets | JP¥8.04b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4361's short term assets (¥5.8B) exceed its short term liabilities (¥4.1B).
Long Term Liabilities: 4361's short term assets (¥5.8B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 4361's net debt to equity ratio (78.1%) is considered high.
Reducing Debt: 4361's debt to equity ratio has reduced from 146% to 112.5% over the past 5 years.
Debt Coverage: 4361's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: 4361's interest payments on its debt are well covered by EBIT (28.6x coverage).