KurimotoLtd Balance Sheet Health
Financial Health criteria checks 6/6
KurimotoLtd has a total shareholder equity of ¥78.6B and total debt of ¥16.1B, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are ¥151.9B and ¥73.3B respectively. KurimotoLtd's EBIT is ¥8.1B making its interest coverage ratio -30.4. It has cash and short-term investments of ¥20.9B.
Key information
20.4%
Debt to equity ratio
JP¥16.07b
Debt
Interest coverage ratio | -30.4x |
Cash | JP¥20.95b |
Equity | JP¥78.62b |
Total liabilities | JP¥73.31b |
Total assets | JP¥151.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5602's short term assets (¥98.7B) exceed its short term liabilities (¥63.4B).
Long Term Liabilities: 5602's short term assets (¥98.7B) exceed its long term liabilities (¥9.9B).
Debt to Equity History and Analysis
Debt Level: 5602 has more cash than its total debt.
Reducing Debt: 5602's debt to equity ratio has reduced from 45.7% to 20.4% over the past 5 years.
Debt Coverage: 5602's debt is well covered by operating cash flow (58.8%).
Interest Coverage: 5602 earns more interest than it pays, so coverage of interest payments is not a concern.