Kobe Bussan Balance Sheet Health
Financial Health criteria checks 6/6
Kobe Bussan has a total shareholder equity of ¥115.8B and total debt of ¥37.9B, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are ¥203.5B and ¥87.7B respectively. Kobe Bussan's EBIT is ¥32.7B making its interest coverage ratio -41.8. It has cash and short-term investments of ¥87.6B.
Key information
32.7%
Debt to equity ratio
JP¥37.85b
Debt
| Interest coverage ratio | -41.8x |
| Cash | JP¥87.56b |
| Equity | JP¥115.79b |
| Total liabilities | JP¥87.69b |
| Total assets | JP¥203.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOBN.F's short term assets (¥133.7B) exceed its short term liabilities (¥39.1B).
Long Term Liabilities: KOBN.F's short term assets (¥133.7B) exceed its long term liabilities (¥48.6B).
Debt to Equity History and Analysis
Debt Level: KOBN.F has more cash than its total debt.
Reducing Debt: KOBN.F's debt to equity ratio has reduced from 164.9% to 32.7% over the past 5 years.
Debt Coverage: KOBN.F's debt is well covered by operating cash flow (80.2%).
Interest Coverage: KOBN.F earns more interest than it pays, so coverage of interest payments is not a concern.