Kubota Balance Sheet Health
Financial Health criteria checks 3/6
Kubota has a total shareholder equity of ¥2,575.4B and total debt of ¥2,163.6B, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are ¥5,753.0B and ¥3,177.6B respectively. Kubota's EBIT is ¥330.8B making its interest coverage ratio -27.6. It has cash and short-term investments of ¥341.5B.
Key information
84.0%
Debt to equity ratio
JP¥2.16t
Debt
Interest coverage ratio | -27.6x |
Cash | JP¥341.49b |
Equity | JP¥2.58t |
Total liabilities | JP¥3.18t |
Total assets | JP¥5.75t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KUBT.F's short term assets (¥2,842.2B) exceed its short term liabilities (¥1,669.4B).
Long Term Liabilities: KUBT.F's short term assets (¥2,842.2B) exceed its long term liabilities (¥1,508.1B).
Debt to Equity History and Analysis
Debt Level: KUBT.F's net debt to equity ratio (70.8%) is considered high.
Reducing Debt: KUBT.F's debt to equity ratio has increased from 60.2% to 84% over the past 5 years.
Debt Coverage: KUBT.F's debt is not well covered by operating cash flow (5%).
Interest Coverage: KUBT.F earns more interest than it pays, so coverage of interest payments is not a concern.