KinjiroLtd Balance Sheet Health
Financial Health criteria checks 5/6
KinjiroLtd has a total shareholder equity of ¥9.1B and total debt of ¥2.3B, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are ¥12.5B and ¥3.4B respectively. KinjiroLtd's EBIT is ¥555.0M making its interest coverage ratio 50.5. It has cash and short-term investments of ¥4.2B.
Key information
25.6%
Debt to equity ratio
JP¥2.32b
Debt
| Interest coverage ratio | 50.5x |
| Cash | JP¥4.18b |
| Equity | JP¥9.07b |
| Total liabilities | JP¥3.45b |
| Total assets | JP¥12.52b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 4013's short term assets (¥5.1B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 4013's short term assets (¥5.1B) exceed its long term liabilities (¥2.4B).
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 13.1% to 25.6% over the past 5 years.
Debt Coverage: 4013's debt is well covered by operating cash flow (63.2%).
Interest Coverage: 4013's interest payments on its debt are well covered by EBIT (50.5x coverage).