KantsuLtd Balance Sheet Health
Financial Health criteria checks 2/6
KantsuLtd has a total shareholder equity of ¥3.0B and total debt of ¥5.4B, which brings its debt-to-equity ratio to 179.3%. Its total assets and total liabilities are ¥10.3B and ¥7.3B respectively. KantsuLtd's EBIT is ¥411.0M making its interest coverage ratio 31.6. It has cash and short-term investments of ¥2.6B.
Key information
179.3%
Debt to equity ratio
JP¥5.42b
Debt
Interest coverage ratio | 31.6x |
Cash | JP¥2.56b |
Equity | JP¥3.02b |
Total liabilities | JP¥7.29b |
Total assets | JP¥10.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9326's short term assets (¥4.8B) exceed its short term liabilities (¥2.0B).
Long Term Liabilities: 9326's short term assets (¥4.8B) do not cover its long term liabilities (¥5.3B).
Debt to Equity History and Analysis
Debt Level: 9326's net debt to equity ratio (94.7%) is considered high.
Reducing Debt: Insufficient data to determine if 9326's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9326's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9326's interest payments on its debt are well covered by EBIT (31.6x coverage).