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 ¥3.2B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are ¥8.4B and ¥5.2B respectively. Kawakami Paint Mfg.Co.Ltd's EBIT is ¥110.0M making its interest coverage ratio -3.8. It has cash and short-term investments of ¥1.8B.
Key information
63.3%
Debt to equity ratio
JP¥2.03b
Debt
| Interest coverage ratio | -3.8x |
| Cash | JP¥1.78b |
| Equity | JP¥3.21b |
| Total liabilities | JP¥5.20b |
| Total assets | JP¥8.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4616's short term assets (¥5.5B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 4616's short term assets (¥5.5B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 4616's net debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: 4616's debt to equity ratio has reduced from 85.3% to 63.3% over the past 5 years.
Debt Coverage: 4616's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: 4616 earns more interest than it pays, so coverage of interest payments is not a concern.