KanamotoLtd Balance Sheet Health
Financial Health criteria checks 5/6
KanamotoLtd has a total shareholder equity of ¥143.8B and total debt of ¥60.2B, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are ¥322.0B and ¥178.2B respectively. KanamotoLtd's EBIT is ¥11.9B making its interest coverage ratio -74.6. It has cash and short-term investments of ¥53.6B.
Key information
41.8%
Debt to equity ratio
JP¥60.16b
Debt
| Interest coverage ratio | -74.6x |
| Cash | JP¥53.57b |
| Equity | JP¥143.80b |
| Total liabilities | JP¥178.15b |
| Total assets | JP¥321.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNMO.F's short term assets (¥124.9B) exceed its short term liabilities (¥91.7B).
Long Term Liabilities: KNMO.F's short term assets (¥124.9B) exceed its long term liabilities (¥86.5B).
Debt to Equity History and Analysis
Debt Level: KNMO.F's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: KNMO.F's debt to equity ratio has increased from 31% to 41.8% over the past 5 years.
Debt Coverage: KNMO.F's debt is well covered by operating cash flow (63.1%).
Interest Coverage: KNMO.F earns more interest than it pays, so coverage of interest payments is not a concern.