Kurita Water Industries Balance Sheet Health
Financial Health criteria checks 5/6
Kurita Water Industries has a total shareholder equity of ¥336.9B and total debt of ¥70.7B, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are ¥547.8B and ¥210.9B respectively. Kurita Water Industries's EBIT is ¥44.6B making its interest coverage ratio -131. It has cash and short-term investments of ¥51.8B.
Key information
21.0%
Debt to equity ratio
JP¥70.67b
Debt
| Interest coverage ratio | -131x |
| Cash | JP¥51.75b |
| Equity | JP¥336.92b |
| Total liabilities | JP¥210.89b |
| Total assets | JP¥547.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KTWI.F's short term assets (¥214.8B) exceed its short term liabilities (¥110.0B).
Long Term Liabilities: KTWI.F's short term assets (¥214.8B) exceed its long term liabilities (¥100.9B).
Debt to Equity History and Analysis
Debt Level: KTWI.F's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: KTWI.F's debt to equity ratio has increased from 13% to 21% over the past 5 years.
Debt Coverage: KTWI.F's debt is well covered by operating cash flow (99.4%).
Interest Coverage: KTWI.F earns more interest than it pays, so coverage of interest payments is not a concern.