Kasumigaseki CapitalLtd Balance Sheet Health
Financial Health criteria checks 4/6
Kasumigaseki CapitalLtd has a total shareholder equity of ¥25.4B and total debt of ¥37.8B, which brings its debt-to-equity ratio to 148.9%. Its total assets and total liabilities are ¥67.6B and ¥42.2B respectively. Kasumigaseki CapitalLtd's EBIT is ¥7.0B making its interest coverage ratio 12.1. It has cash and short-term investments of ¥5.1B.
Key information
148.9%
Debt to equity ratio
JP¥37.77b
Debt
| Interest coverage ratio | 12.1x |
| Cash | JP¥5.11b |
| Equity | JP¥25.37b |
| Total liabilities | JP¥42.23b |
| Total assets | JP¥67.60b |
Recent financial health updates
Recent updates
Here's Why Kasumigaseki CapitalLtd (TSE:3498) Can Manage Its Debt Responsibly
Aug 01
Kasumigaseki 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 (¥60.3B) exceed its short term liabilities (¥24.9B).
Long Term Liabilities: 3498's short term assets (¥60.3B) exceed its long term liabilities (¥17.3B).
Debt to Equity History and Analysis
Debt Level: 3498's net debt to equity ratio (128.8%) is considered high.
Reducing Debt: 3498's debt to equity ratio has reduced from 282.1% to 148.9% 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 (12.1x coverage).