KATITAS Balance Sheet Health
Financial Health criteria checks 5/6
KATITAS has a total shareholder equity of ¥38.1B and total debt of ¥26.5B, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are ¥72.3B and ¥34.2B respectively. KATITAS's EBIT is ¥12.6B making its interest coverage ratio 57.9. It has cash and short-term investments of ¥13.1B.
Key information
69.5%
Debt to equity ratio
JP¥26.50b
Debt
Interest coverage ratio | 57.9x |
Cash | JP¥13.10b |
Equity | JP¥38.12b |
Total liabilities | JP¥34.18b |
Total assets | JP¥72.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8919's short term assets (¥70.4B) exceed its short term liabilities (¥7.6B).
Long Term Liabilities: 8919's short term assets (¥70.4B) exceed its long term liabilities (¥26.6B).
Debt to Equity History and Analysis
Debt Level: 8919's net debt to equity ratio (35.2%) is considered satisfactory.
Reducing Debt: 8919's debt to equity ratio has reduced from 106.2% to 69.5% over the past 5 years.
Debt Coverage: 8919's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: 8919's interest payments on its debt are well covered by EBIT (57.9x coverage).