Kasumigaseki CapitalLtd Balance Sheet Health
Financial Health criteria checks 4/6
Kasumigaseki CapitalLtd has a total shareholder equity of ¥27.7B and total debt of ¥41.8B, which brings its debt-to-equity ratio to 150.6%. Its total assets and total liabilities are ¥77.5B and ¥49.8B respectively. Kasumigaseki CapitalLtd's EBIT is ¥8.5B making its interest coverage ratio 12.9. It has cash and short-term investments of ¥11.7B.
Key information
150.6%
Debt to equity ratio
JP¥41.78b
Debt
| Interest coverage ratio | 12.9x |
| Cash | JP¥11.70b |
| Equity | JP¥27.74b |
| Total liabilities | JP¥49.81b |
| Total assets | JP¥77.55b |
Recent financial health updates
Recent updates
Shareholders In Kasumigaseki CapitalLtd (TSE:3498) Should Look Beyond Earnings For The Full Story
Oct 11
Kasumigaseki Capital Co.,Ltd.'s (TSE:3498) 29% Jump Shows Its Popularity With Investors
Oct 10At JP¥14,680, Is Kasumigaseki Capital Co.,Ltd. (TSE:3498) Worth Looking At Closely?
Sep 23Kasumigaseki Capital Co.,Ltd.'s (TSE:3498) Stock Retreats 26% But Earnings Haven't Escaped The Attention Of Investors
Aug 03Here's Why Kasumigaseki CapitalLtd (TSE:3498) Can Manage Its Debt Responsibly
Aug 01Kasumigaseki Capital Co.,Ltd.'s (TSE:3498) Share Price Is Still Matching Investor Opinion Despite 25% Slump
Jun 19Kasumigaseki Capital Co.,Ltd.'s (TSE:3498) Intrinsic Value Is Potentially 48% Above Its Share Price
May 27Should You Think About Buying Kasumigaseki Capital Co.,Ltd. (TSE:3498) Now?
May 06Kasumigaseki Capital Co.,Ltd.'s (TSE:3498) P/E Is Still On The Mark Following 34% Share Price Bounce
Apr 16Why Kasumigaseki CapitalLtd's (TSE:3498) Healthy Earnings Aren’t As Good As They Seem
Apr 09Kasumigaseki Capital Co.,Ltd. (TSE:3498) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable
Mar 02Financial Position Analysis
Short Term Liabilities: 3498's short term assets (¥67.1B) exceed its short term liabilities (¥22.1B).
Long Term Liabilities: 3498's short term assets (¥67.1B) exceed its long term liabilities (¥27.7B).
Debt to Equity History and Analysis
Debt Level: 3498's net debt to equity ratio (108.4%) is considered high.
Reducing Debt: 3498's debt to equity ratio has reduced from 277.8% to 150.6% 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 (12.9x coverage).