Kadokawa Balance Sheet Health
Financial Health criteria checks 6/6
Kadokawa has a total shareholder equity of ¥215.5B and total debt of ¥26.6B, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are ¥337.9B and ¥122.5B respectively. Kadokawa's EBIT is ¥20.5B making its interest coverage ratio -9.3. It has cash and short-term investments of ¥95.4B.
Key information
12.3%
Debt to equity ratio
JP¥26.58b
Debt
| Interest coverage ratio | -9.3x |
| Cash | JP¥95.37b |
| Equity | JP¥215.48b |
| Total liabilities | JP¥122.45b |
| Total assets | JP¥337.93b |
Recent financial health updates
Kadokawa (TSE:9468) Seems To Use Debt Quite Sensibly
Jun 19
These 4 Measures Indicate That Kadokawa (TSE:9468) Is Using Debt Reasonably Well
Mar 19Recent updates
Investors Appear Satisfied With Kadokawa Corporation's (TSE:9468) Prospects As Shares Rocket 29%
Nov 21Kadokawa Corporation (TSE:9468) Just Released Its Interim Results And Analysts Are Updating Their Estimates
Nov 11Earnings Tell The Story For Kadokawa Corporation (TSE:9468) As Its Stock Soars 30%
Sep 04Analysts Have Made A Financial Statement On Kadokawa Corporation's (TSE:9468) First-Quarter Report
Aug 19Kadokawa (TSE:9468) Seems To Use Debt Quite Sensibly
Jun 19Returns Are Gaining Momentum At Kadokawa (TSE:9468)
May 31These 4 Measures Indicate That Kadokawa (TSE:9468) Is Using Debt Reasonably Well
Mar 19Financial Position Analysis
Short Term Liabilities: 9468's short term assets (¥214.4B) exceed its short term liabilities (¥106.1B).
Long Term Liabilities: 9468's short term assets (¥214.4B) exceed its long term liabilities (¥16.3B).
Debt to Equity History and Analysis
Debt Level: 9468 has more cash than its total debt.
Reducing Debt: 9468's debt to equity ratio has reduced from 60.9% to 12.3% over the past 5 years.
Debt Coverage: 9468's debt is well covered by operating cash flow (45.2%).
Interest Coverage: 9468 earns more interest than it pays, so coverage of interest payments is not a concern.