Kaitori Okoku Balance Sheet Health
Financial Health criteria checks 5/6
Kaitori Okoku has a total shareholder equity of ¥2.8B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are ¥4.8B and ¥1.9B respectively. Kaitori Okoku's EBIT is ¥488.0M making its interest coverage ratio -122. It has cash and short-term investments of ¥1.3B.
Key information
46.8%
Debt to equity ratio
JP¥1.32b
Debt
Interest coverage ratio | -122x |
Cash | JP¥1.33b |
Equity | JP¥2.82b |
Total liabilities | JP¥1.93b |
Total assets | JP¥4.75b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3181's short term assets (¥3.3B) exceed its short term liabilities (¥831.0M).
Long Term Liabilities: 3181's short term assets (¥3.3B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 3181 has more cash than its total debt.
Reducing Debt: 3181's debt to equity ratio has increased from 45.3% to 46.8% over the past 5 years.
Debt Coverage: 3181's debt is well covered by operating cash flow (26.8%).
Interest Coverage: 3181 earns more interest than it pays, so coverage of interest payments is not a concern.