Karadanote Balance Sheet Health
Financial Health criteria checks 5/6
Karadanote has a total shareholder equity of ¥296.0M and total debt of ¥325.0M, which brings its debt-to-equity ratio to 109.8%. Its total assets and total liabilities are ¥1.0B and ¥733.0M respectively. Karadanote's EBIT is ¥46.0M making its interest coverage ratio 23. It has cash and short-term investments of ¥536.0M.
Key information
109.8%
Debt to equity ratio
JP¥325.00m
Debt
| Interest coverage ratio | 23x |
| Cash | JP¥536.00m |
| Equity | JP¥296.00m |
| Total liabilities | JP¥733.00m |
| Total assets | JP¥1.03b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4014's short term assets (¥960.0M) exceed its short term liabilities (¥502.0M).
Long Term Liabilities: 4014's short term assets (¥960.0M) exceed its long term liabilities (¥231.0M).
Debt to Equity History and Analysis
Debt Level: 4014 has more cash than its total debt.
Reducing Debt: 4014's debt to equity ratio has increased from 1.3% to 109.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 4014 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 4014 has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 67% each year.