Kawakami Paint Mfg.Co.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Kawakami Paint Mfg.Co.Ltd has a total shareholder equity of ¥3.1B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 68.8%. Its total assets and total liabilities are ¥8.4B and ¥5.3B respectively. Kawakami Paint Mfg.Co.Ltd's EBIT is ¥196.0M making its interest coverage ratio -7.3. It has cash and short-term investments of ¥2.0B.
Key information
68.8%
Debt to equity ratio
JP¥2.16b
Debt
Interest coverage ratio | -7.3x |
Cash | JP¥1.96b |
Equity | JP¥3.14b |
Total liabilities | JP¥5.25b |
Total assets | JP¥8.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4616's short term assets (¥5.6B) exceed its short term liabilities (¥3.5B).
Long Term Liabilities: 4616's short term assets (¥5.6B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 4616's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 4616's debt to equity ratio has reduced from 91.6% to 68.8% over the past 5 years.
Debt Coverage: 4616's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 4616 earns more interest than it pays, so coverage of interest payments is not a concern.