Kumiai Chemical Industry Balance Sheet Health
Financial Health criteria checks 4/6
Kumiai Chemical Industry has a total shareholder equity of ¥152.5B and total debt of ¥84.7B, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are ¥265.4B and ¥112.8B respectively. Kumiai Chemical Industry's EBIT is ¥12.2B making its interest coverage ratio -1525.6. It has cash and short-term investments of ¥29.9B.
Key information
55.5%
Debt to equity ratio
JP¥84.72b
Debt
| Interest coverage ratio | -1525.6x |
| Cash | JP¥29.87b |
| Equity | JP¥152.53b |
| Total liabilities | JP¥112.84b |
| Total assets | JP¥265.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4996's short term assets (¥170.0B) exceed its short term liabilities (¥84.3B).
Long Term Liabilities: 4996's short term assets (¥170.0B) exceed its long term liabilities (¥28.5B).
Debt to Equity History and Analysis
Debt Level: 4996's net debt to equity ratio (36%) is considered satisfactory.
Reducing Debt: 4996's debt to equity ratio has increased from 10.2% to 55.5% over the past 5 years.
Debt Coverage: 4996's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4996 earns more interest than it pays, so coverage of interest payments is not a concern.