Kadokawa Balance Sheet Health
Financial Health criteria checks 6/6
Kadokawa has a total shareholder equity of ¥214.2B and total debt of ¥26.8B, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are ¥338.0B and ¥123.8B respectively. Kadokawa's EBIT is ¥21.2B making its interest coverage ratio -9.8. It has cash and short-term investments of ¥102.2B.
Key information
12.5%
Debt to equity ratio
JP¥26.80b
Debt
| Interest coverage ratio | -9.8x |
| Cash | JP¥102.17b |
| Equity | JP¥214.16b |
| Total liabilities | JP¥123.81b |
| Total assets | JP¥337.97b |
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
Analysts 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 (¥216.2B) exceed its short term liabilities (¥92.3B).
Long Term Liabilities: 9468's short term assets (¥216.2B) exceed its long term liabilities (¥31.5B).
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 62.6% to 12.5% over the past 5 years.
Debt Coverage: 9468's debt is well covered by operating cash flow (44.9%).
Interest Coverage: 9468 earns more interest than it pays, so coverage of interest payments is not a concern.