Kaitori Okoku Balance Sheet Health
Financial Health criteria checks 6/6
Kaitori Okoku has a total shareholder equity of ¥2.8B and total debt of ¥987.0M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are ¥4.4B and ¥1.7B respectively. Kaitori Okoku's EBIT is ¥496.0M making its interest coverage ratio -124. It has cash and short-term investments of ¥1.3B.
Key information
35.9%
Debt to equity ratio
JP¥987.00m
Debt
| Interest coverage ratio | -124x |
| Cash | JP¥1.27b |
| Equity | JP¥2.75b |
| Total liabilities | JP¥1.70b |
| Total assets | JP¥4.45b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3181's short term assets (¥3.0B) exceed its short term liabilities (¥966.0M).
Long Term Liabilities: 3181's short term assets (¥3.0B) exceed its long term liabilities (¥729.0M).
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 reduced from 52% to 35.9% over the past 5 years.
Debt Coverage: 3181's debt is well covered by operating cash flow (35.9%).
Interest Coverage: 3181 earns more interest than it pays, so coverage of interest payments is not a concern.