Kikkoman Balance Sheet Health
Financial Health criteria checks 6/6
Kikkoman has a total shareholder equity of ¥498.3B and total debt of ¥18.2B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥667.9B and ¥169.6B respectively. Kikkoman's EBIT is ¥66.7B making its interest coverage ratio -7.8. It has cash and short-term investments of ¥119.2B.
Key information
3.6%
Debt to equity ratio
JP¥18.17b
Debt
Interest coverage ratio | -7.8x |
Cash | JP¥119.16b |
Equity | JP¥498.25b |
Total liabilities | JP¥169.62b |
Total assets | JP¥667.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KIKO.F's short term assets (¥342.5B) exceed its short term liabilities (¥95.1B).
Long Term Liabilities: KIKO.F's short term assets (¥342.5B) exceed its long term liabilities (¥74.6B).
Debt to Equity History and Analysis
Debt Level: KIKO.F has more cash than its total debt.
Reducing Debt: KIKO.F's debt to equity ratio has reduced from 6.3% to 3.6% over the past 5 years.
Debt Coverage: KIKO.F's debt is well covered by operating cash flow (444.7%).
Interest Coverage: KIKO.F earns more interest than it pays, so coverage of interest payments is not a concern.