Kasumigaseki CapitalLtd Balance Sheet Health
Financial Health criteria checks 4/6
Kasumigaseki CapitalLtd has a total shareholder equity of ¥23.4B and total debt of ¥28.5B, which brings its debt-to-equity ratio to 121.8%. Its total assets and total liabilities are ¥55.8B and ¥32.4B respectively. Kasumigaseki CapitalLtd's EBIT is ¥5.0B making its interest coverage ratio 10.1. It has cash and short-term investments of ¥7.0B.
Key information
121.8%
Debt to equity ratio
JP¥28.47b
Debt
Interest coverage ratio | 10.1x |
Cash | JP¥7.04b |
Equity | JP¥23.38b |
Total liabilities | JP¥32.44b |
Total assets | JP¥55.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3498's short term assets (¥49.6B) exceed its short term liabilities (¥20.6B).
Long Term Liabilities: 3498's short term assets (¥49.6B) exceed its long term liabilities (¥11.8B).
Debt to Equity History and Analysis
Debt Level: 3498's net debt to equity ratio (91.7%) is considered high.
Reducing Debt: 3498's debt to equity ratio has reduced from 285% to 121.8% over the past 5 years.
Debt Coverage: 3498's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3498's interest payments on its debt are well covered by EBIT (10.1x coverage).