KATITAS Balance Sheet Health
Financial Health criteria checks 6/6
KATITAS has a total shareholder equity of ¥40.3B and total debt of ¥26.5B, which brings its debt-to-equity ratio to 65.7%. Its total assets and total liabilities are ¥77.4B and ¥37.0B respectively. KATITAS's EBIT is ¥12.7B making its interest coverage ratio 55.6. It has cash and short-term investments of ¥22.0B.
Key information
65.7%
Debt to equity ratio
JP¥26.50b
Debt
| Interest coverage ratio | 55.6x |
| Cash | JP¥22.03b |
| Equity | JP¥40.34b |
| Total liabilities | JP¥37.03b |
| Total assets | JP¥77.37b |
Recent financial health updates
No updates
Recent updates
KATITAS (TSE:8919) Has Announced That It Will Be Increasing Its Dividend To ¥28.00
Jul 26
KATITAS (TSE:8919) Is Paying Out A Larger Dividend Than Last Year
Jul 12KATITAS CO., Ltd.'s (TSE:8919) Intrinsic Value Is Potentially 63% Above Its Share Price
May 28Analysts Are Updating Their KATITAS CO., Ltd. (TSE:8919) Estimates After Its Annual Results
May 09With KATITAS CO., Ltd. (TSE:8919) It Looks Like You'll Get What You Pay For
Apr 12KATITAS' (TSE:8919) Dividend Will Be ¥27.00
Mar 03Financial Position Analysis
Short Term Liabilities: 8919's short term assets (¥75.3B) exceed its short term liabilities (¥10.4B).
Long Term Liabilities: 8919's short term assets (¥75.3B) exceed its long term liabilities (¥26.6B).
Debt to Equity History and Analysis
Debt Level: 8919's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: 8919's debt to equity ratio has reduced from 107.3% to 65.7% over the past 5 years.
Debt Coverage: 8919's debt is well covered by operating cash flow (35.9%).
Interest Coverage: 8919's interest payments on its debt are well covered by EBIT (55.6x coverage).