Agro-Kanesho Balance Sheet Health
Financial Health criteria checks 5/6
Agro-Kanesho has a total shareholder equity of ¥21.5B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are ¥27.0B and ¥5.5B respectively. Agro-Kanesho's EBIT is ¥1.8B making its interest coverage ratio 1834. It has cash and short-term investments of ¥8.3B.
Key information
5.0%
Debt to equity ratio
JP¥1.08b
Debt
| Interest coverage ratio | 1834x |
| Cash | JP¥8.26b |
| Equity | JP¥21.48b |
| Total liabilities | JP¥5.55b |
| Total assets | JP¥27.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4955's short term assets (¥21.5B) exceed its short term liabilities (¥3.2B).
Long Term Liabilities: 4955's short term assets (¥21.5B) exceed its long term liabilities (¥2.4B).
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 20.2% to 5% over the past 5 years.
Debt Coverage: 4955's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4955's interest payments on its debt are well covered by EBIT (1834x coverage).