KinjiroLtd Balance Sheet Health
Financial Health criteria checks 5/6
KinjiroLtd has a total shareholder equity of ¥9.0B and total debt of ¥2.5B, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are ¥12.8B and ¥3.8B respectively. KinjiroLtd's EBIT is ¥572.0M making its interest coverage ratio 52. It has cash and short-term investments of ¥4.5B.
Key information
27.6%
Debt to equity ratio
JP¥2.48b
Debt
Interest coverage ratio | 52x |
Cash | JP¥4.47b |
Equity | JP¥9.00b |
Total liabilities | JP¥3.79b |
Total assets | JP¥12.79b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4013's short term assets (¥5.3B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 4013's short term assets (¥5.3B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 4013 has more cash than its total debt.
Reducing Debt: 4013's debt to equity ratio has increased from 18% to 27.6% over the past 5 years.
Debt Coverage: 4013's debt is well covered by operating cash flow (59%).
Interest Coverage: 4013's interest payments on its debt are well covered by EBIT (52x coverage).