Kushikatsu Tanaka Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Kushikatsu Tanaka Holdings has a total shareholder equity of ¥2.5B and total debt of ¥2.4B, which brings its debt-to-equity ratio to 96.3%. Its total assets and total liabilities are ¥7.6B and ¥5.1B respectively. Kushikatsu Tanaka Holdings's EBIT is ¥815.4M making its interest coverage ratio -1241.1. It has cash and short-term investments of ¥2.0B.
Key information
96.3%
Debt to equity ratio
JP¥2.43b
Debt
| Interest coverage ratio | -1241.1x |
| Cash | JP¥1.98b |
| Equity | JP¥2.52b |
| Total liabilities | JP¥5.08b |
| Total assets | JP¥7.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KSHT.F's short term assets (¥3.7B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: KSHT.F's short term assets (¥3.7B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: KSHT.F's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: KSHT.F's debt to equity ratio has increased from 37.4% to 96.3% over the past 5 years.
Debt Coverage: KSHT.F's debt is well covered by operating cash flow (37.1%).
Interest Coverage: KSHT.F earns more interest than it pays, so coverage of interest payments is not a concern.