Kanseki Balance Sheet Health
Financial Health criteria checks 3/6
Kanseki has a total shareholder equity of ¥11.2B and total debt of ¥12.0B, which brings its debt-to-equity ratio to 107.1%. Its total assets and total liabilities are ¥30.4B and ¥19.2B respectively. Kanseki's EBIT is ¥1.8B making its interest coverage ratio 35.2. It has cash and short-term investments of ¥1.2B.
Key information
107.1%
Debt to equity ratio
JP¥11.99b
Debt
| Interest coverage ratio | 35.2x |
| Cash | JP¥1.21b |
| Equity | JP¥11.20b |
| Total liabilities | JP¥19.21b |
| Total assets | JP¥30.41b |
Recent financial health updates
No updates
Recent updates
Returns Are Gaining Momentum At Kanseki (TYO:9903)
Mar 31
What Is The Ownership Structure Like For Kanseki Co., Ltd. (TYO:9903)?
Mar 18Why You Might Be Interested In Kanseki Co., Ltd. (TYO:9903) For Its Upcoming Dividend
Feb 20Is It Worth Buying Kanseki Co., Ltd. (TYO:9903) For Its 0.6% Dividend Yield?
Feb 11
Here's Why We Think Kanseki (TYO:9903) Is Well Worth Watching
Dec 31Financial Position Analysis
Short Term Liabilities: 9903's short term assets (¥11.5B) do not cover its short term liabilities (¥11.9B).
Long Term Liabilities: 9903's short term assets (¥11.5B) exceed its long term liabilities (¥7.3B).
Debt to Equity History and Analysis
Debt Level: 9903's net debt to equity ratio (96.3%) is considered high.
Reducing Debt: 9903's debt to equity ratio has reduced from 229.9% to 107.1% over the past 5 years.
Debt Coverage: Insufficient data to determine if 9903's debt is well covered by operating cash flow.
Interest Coverage: 9903's interest payments on its debt are well covered by EBIT (35.2x coverage).