KH Neochem Balance Sheet Health
Financial Health criteria checks 6/6
KH Neochem has a total shareholder equity of ¥68.6B and total debt of ¥14.8B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ¥125.6B and ¥57.0B respectively. KH Neochem's EBIT is ¥10.3B making its interest coverage ratio -218.5. It has cash and short-term investments of ¥8.6B.
Key information
21.5%
Debt to equity ratio
JP¥14.75b
Debt
| Interest coverage ratio | -218.5x |
| Cash | JP¥8.58b |
| Equity | JP¥68.56b |
| Total liabilities | JP¥57.00b |
| Total assets | JP¥125.56b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: KNNC.F's short term assets (¥63.8B) exceed its short term liabilities (¥49.9B).
Long Term Liabilities: KNNC.F's short term assets (¥63.8B) exceed its long term liabilities (¥7.1B).
Debt to Equity History and Analysis
Debt Level: KNNC.F's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: KNNC.F's debt to equity ratio has reduced from 49.1% to 21.5% over the past 5 years.
Debt Coverage: KNNC.F's debt is well covered by operating cash flow (126.5%).
Interest Coverage: KNNC.F earns more interest than it pays, so coverage of interest payments is not a concern.