T.Kawabe Balance Sheet Health
Financial Health criteria checks 4/6
T.Kawabe has a total shareholder equity of ¥6.9B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are ¥12.7B and ¥5.8B respectively. T.Kawabe's EBIT is ¥252.0M making its interest coverage ratio 21. It has cash and short-term investments of ¥1.5B.
Key information
36.2%
Debt to equity ratio
JP¥2.49b
Debt
Interest coverage ratio | 21x |
Cash | JP¥1.48b |
Equity | JP¥6.86b |
Total liabilities | JP¥5.83b |
Total assets | JP¥12.70b |
Recent financial health updates
Is T.Kawabe (TYO:8123) Using Too Much Debt?
Apr 16Health Check: How Prudently Does T.Kawabe (TYO:8123) Use Debt?
Dec 30Recent updates
Investors Appear Satisfied With T.Kawabe & Co., Ltd.'s (TSE:8123) Prospects As Shares Rocket 41%
Mar 04These Return Metrics Don't Make T.Kawabe (TSE:8123) Look Too Strong
Mar 01Is T.Kawabe (TYO:8123) Using Too Much Debt?
Apr 16Is T.Kawabe & Co., Ltd. (TYO:8123) At Risk Of Cutting Its Dividend?
Feb 22Health Check: How Prudently Does T.Kawabe (TYO:8123) Use Debt?
Dec 30Financial Position Analysis
Short Term Liabilities: 8123's short term assets (¥7.2B) exceed its short term liabilities (¥5.0B).
Long Term Liabilities: 8123's short term assets (¥7.2B) exceed its long term liabilities (¥846.0M).
Debt to Equity History and Analysis
Debt Level: 8123's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: 8123's debt to equity ratio has increased from 35.3% to 36.2% over the past 5 years.
Debt Coverage: 8123's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: 8123's interest payments on its debt are well covered by EBIT (21x coverage).