Kakaku.com Balance Sheet Health
Financial Health criteria checks 6/6
Kakaku.com has a total shareholder equity of ¥51.7B and total debt of ¥255.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ¥83.3B and ¥31.6B respectively. Kakaku.com's EBIT is ¥25.9B making its interest coverage ratio -72. It has cash and short-term investments of ¥37.7B.
Key information
0.5%
Debt to equity ratio
JP¥255.00m
Debt
Interest coverage ratio | -72x |
Cash | JP¥37.70b |
Equity | JP¥51.69b |
Total liabilities | JP¥31.62b |
Total assets | JP¥83.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2371's short term assets (¥60.7B) exceed its short term liabilities (¥26.8B).
Long Term Liabilities: 2371's short term assets (¥60.7B) exceed its long term liabilities (¥4.8B).
Debt to Equity History and Analysis
Debt Level: 2371 has more cash than its total debt.
Reducing Debt: 2371's debt to equity ratio has reduced from 1.2% to 0.5% over the past 5 years.
Debt Coverage: 2371's debt is well covered by operating cash flow (7653.3%).
Interest Coverage: 2371 earns more interest than it pays, so coverage of interest payments is not a concern.