KOA Balance Sheet Health
Financial Health criteria checks 5/6
KOA has a total shareholder equity of ¥78.6B and total debt of ¥31.2B, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are ¥129.6B and ¥51.0B respectively. KOA's EBIT is ¥3.4B making its interest coverage ratio -16. It has cash and short-term investments of ¥32.5B.
Key information
39.7%
Debt to equity ratio
JP¥31.21b
Debt
Interest coverage ratio | -16x |
Cash | JP¥32.55b |
Equity | JP¥78.57b |
Total liabilities | JP¥50.99b |
Total assets | JP¥129.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6999's short term assets (¥65.1B) exceed its short term liabilities (¥15.7B).
Long Term Liabilities: 6999's short term assets (¥65.1B) exceed its long term liabilities (¥35.3B).
Debt to Equity History and Analysis
Debt Level: 6999 has more cash than its total debt.
Reducing Debt: 6999's debt to equity ratio has increased from 0.9% to 39.7% over the past 5 years.
Debt Coverage: 6999's debt is well covered by operating cash flow (22.7%).
Interest Coverage: 6999 earns more interest than it pays, so coverage of interest payments is not a concern.