Kogi Balance Sheet Health
Financial Health criteria checks 3/6
Kogi has a total shareholder equity of ¥16.4B and total debt of ¥11.4B, which brings its debt-to-equity ratio to 69.2%. Its total assets and total liabilities are ¥34.3B and ¥17.9B respectively. Kogi's EBIT is ¥854.0M making its interest coverage ratio 44.9. It has cash and short-term investments of ¥2.7B.
Key information
69.2%
Debt to equity ratio
JP¥11.36b
Debt
Interest coverage ratio | 44.9x |
Cash | JP¥2.74b |
Equity | JP¥16.42b |
Total liabilities | JP¥17.87b |
Total assets | JP¥34.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5603's short term assets (¥21.3B) exceed its short term liabilities (¥13.5B).
Long Term Liabilities: 5603's short term assets (¥21.3B) exceed its long term liabilities (¥4.4B).
Debt to Equity History and Analysis
Debt Level: 5603's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: 5603's debt to equity ratio has increased from 62.2% to 69.2% over the past 5 years.
Debt Coverage: 5603's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5603's interest payments on its debt are well covered by EBIT (44.9x coverage).