KurimotoLtd Balance Sheet Health
Financial Health criteria checks 6/6
KurimotoLtd has a total shareholder equity of ¥83.9B and total debt of ¥17.4B, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are ¥150.4B and ¥66.4B respectively. KurimotoLtd's EBIT is ¥7.2B making its interest coverage ratio -19.6. It has cash and short-term investments of ¥22.0B.
Key information
20.7%
Debt to equity ratio
JP¥17.40b
Debt
| Interest coverage ratio | -19.6x |
| Cash | JP¥21.99b |
| Equity | JP¥83.95b |
| Total liabilities | JP¥66.44b |
| Total assets | JP¥150.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5602's short term assets (¥92.6B) exceed its short term liabilities (¥59.5B).
Long Term Liabilities: 5602's short term assets (¥92.6B) exceed its long term liabilities (¥7.0B).
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 34.2% to 20.7% over the past 5 years.
Debt Coverage: 5602's debt is well covered by operating cash flow (59.1%).
Interest Coverage: 5602 earns more interest than it pays, so coverage of interest payments is not a concern.