KAYAC Balance Sheet Health
Financial Health criteria checks 6/6
KAYAC has a total shareholder equity of ¥6.0B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are ¥12.4B and ¥6.3B respectively. KAYAC's EBIT is ¥804.0M making its interest coverage ratio 134. It has cash and short-term investments of ¥5.4B.
Key information
52.0%
Debt to equity ratio
JP¥3.14b
Debt
| Interest coverage ratio | 134x |
| Cash | JP¥5.41b |
| Equity | JP¥6.04b |
| Total liabilities | JP¥6.32b |
| Total assets | JP¥12.35b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3904's short term assets (¥8.6B) exceed its short term liabilities (¥4.3B).
Long Term Liabilities: 3904's short term assets (¥8.6B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 3904 has more cash than its total debt.
Reducing Debt: 3904's debt to equity ratio has reduced from 99.6% to 52% over the past 5 years.
Debt Coverage: 3904's debt is well covered by operating cash flow (35.8%).
Interest Coverage: 3904's interest payments on its debt are well covered by EBIT (134x coverage).