Agro-Kanesho Balance Sheet Health
Financial Health criteria checks 6/6
Agro-Kanesho has a total shareholder equity of ¥20.7B and total debt of ¥1.2B, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are ¥27.3B and ¥6.5B respectively. Agro-Kanesho's EBIT is ¥1.4B making its interest coverage ratio 344.8. It has cash and short-term investments of ¥10.4B.
Key information
5.9%
Debt to equity ratio
JP¥1.23b
Debt
Interest coverage ratio | 344.8x |
Cash | JP¥10.38b |
Equity | JP¥20.71b |
Total liabilities | JP¥6.55b |
Total assets | JP¥27.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4955's short term assets (¥21.7B) exceed its short term liabilities (¥4.0B).
Long Term Liabilities: 4955's short term assets (¥21.7B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 4955 has more cash than its total debt.
Reducing Debt: 4955's debt to equity ratio has reduced from 15.5% to 5.9% over the past 5 years.
Debt Coverage: 4955's debt is well covered by operating cash flow (89%).
Interest Coverage: 4955's interest payments on its debt are well covered by EBIT (344.8x coverage).