Kunimine Industries Balance Sheet Health
Financial Health criteria checks 6/6
Kunimine Industries has a total shareholder equity of ¥21.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥25.1B and ¥3.3B respectively. Kunimine Industries's EBIT is ¥1.3B making its interest coverage ratio -5.4. It has cash and short-term investments of ¥8.7B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -5.4x |
| Cash | JP¥8.74b |
| Equity | JP¥21.81b |
| Total liabilities | JP¥3.27b |
| Total assets | JP¥25.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5388's short term assets (¥16.5B) exceed its short term liabilities (¥2.0B).
Long Term Liabilities: 5388's short term assets (¥16.5B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 5388 is debt free.
Reducing Debt: 5388 had no debt 5 years ago.
Debt Coverage: 5388 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5388 has no debt, therefore coverage of interest payments is not a concern.