Kohnan Shoji Balance Sheet Health
Financial Health criteria checks 2/6
Kohnan Shoji has a total shareholder equity of ¥157.3B and total debt of ¥159.8B, which brings its debt-to-equity ratio to 101.6%. Its total assets and total liabilities are ¥458.6B and ¥301.3B respectively. Kohnan Shoji's EBIT is ¥24.1B making its interest coverage ratio 13.6. It has cash and short-term investments of ¥11.7B.
Key information
101.6%
Debt to equity ratio
JP¥159.81b
Debt
Interest coverage ratio | 13.6x |
Cash | JP¥11.72b |
Equity | JP¥157.26b |
Total liabilities | JP¥301.30b |
Total assets | JP¥458.56b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7516's short term assets (¥159.5B) exceed its short term liabilities (¥125.0B).
Long Term Liabilities: 7516's short term assets (¥159.5B) do not cover its long term liabilities (¥176.3B).
Debt to Equity History and Analysis
Debt Level: 7516's net debt to equity ratio (94.2%) is considered high.
Reducing Debt: 7516's debt to equity ratio has increased from 86.6% to 101.6% over the past 5 years.
Debt Coverage: 7516's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 7516's interest payments on its debt are well covered by EBIT (13.6x coverage).