Kansai Paint Balance Sheet Health
Financial Health criteria checks 5/6
Kansai Paint has a total shareholder equity of ¥355.0B and total debt of ¥202.7B, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are ¥752.4B and ¥397.4B respectively. Kansai Paint's EBIT is ¥52.2B making its interest coverage ratio 73.2. It has cash and short-term investments of ¥88.0B.
Key information
57.1%
Debt to equity ratio
JP¥202.69b
Debt
Interest coverage ratio | 73.2x |
Cash | JP¥88.04b |
Equity | JP¥355.03b |
Total liabilities | JP¥397.39b |
Total assets | JP¥752.42b |
Recent financial health updates
Does Kansai Paint (TSE:4613) Have A Healthy Balance Sheet?
Sep 19Kansai Paint (TSE:4613) Seems To Use Debt Rather Sparingly
Jun 06Recent updates
Kansai Paint's (TSE:4613) Dividend Will Be ¥22.00
Dec 18Kansai Paint's (TSE:4613) Dividend Will Be ¥22.00
Dec 04Kansai Paint's (TSE:4613) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 20Kansai Paint Co., Ltd. Just Missed EPS By 52%: Here's What Analysts Think Will Happen Next
Nov 14Estimating The Fair Value Of Kansai Paint Co., Ltd. (TSE:4613)
Nov 05Kansai Paint Co., Ltd. (TSE:4613) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 11Does Kansai Paint (TSE:4613) Have A Healthy Balance Sheet?
Sep 19A Look At The Fair Value Of Kansai Paint Co., Ltd. (TSE:4613)
Jun 21Kansai Paint (TSE:4613) Seems To Use Debt Rather Sparingly
Jun 06There May Be Underlying Issues With The Quality Of Kansai Paint's (TSE:4613) Earnings
May 22Lacklustre Performance Is Driving Kansai Paint Co., Ltd.'s (TSE:4613) Low P/E
May 02With EPS Growth And More, Kansai Paint (TSE:4613) Makes An Interesting Case
Apr 14Kansai Paint's (TSE:4613) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 27Kansai Paint (TSE:4613) Has Announced That It Will Be Increasing Its Dividend To ¥20.00
Mar 13Kansai Paint's (TSE:4613) Upcoming Dividend Will Be Larger Than Last Year's
Feb 27Financial Position Analysis
Short Term Liabilities: 4613's short term assets (¥351.5B) exceed its short term liabilities (¥172.4B).
Long Term Liabilities: 4613's short term assets (¥351.5B) exceed its long term liabilities (¥225.0B).
Debt to Equity History and Analysis
Debt Level: 4613's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: 4613's debt to equity ratio has increased from 29.2% to 57.1% over the past 5 years.
Debt Coverage: 4613's debt is well covered by operating cash flow (23.6%).
Interest Coverage: 4613's interest payments on its debt are well covered by EBIT (73.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/22 06:13 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Kansai Paint Co., Ltd. is covered by 14 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Takashi Enomoto | BofA Global Research |
Yuta Nishiyama | Citigroup Inc |
Yifan Zhang | CLSA |