Kansai Paint Balance Sheet Health
Financial Health criteria checks 5/6
Kansai Paint has a total shareholder equity of ¥355.0B and total debt of ¥202.7B, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are ¥752.4B and ¥397.4B respectively. Kansai Paint's EBIT is ¥52.2B making its interest coverage ratio 73.2. It has cash and short-term investments of ¥88.0B.
Key information
57.1%
Debt to equity ratio
JP¥202.69b
Debt
| Interest coverage ratio | 73.2x |
| Cash | JP¥88.04b |
| Equity | JP¥355.03b |
| Total liabilities | JP¥397.39b |
| Total assets | JP¥752.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KSAN.F's short term assets (¥351.5B) exceed its short term liabilities (¥172.4B).
Long Term Liabilities: KSAN.F's short term assets (¥351.5B) exceed its long term liabilities (¥225.0B).
Debt to Equity History and Analysis
Debt Level: KSAN.F's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: KSAN.F's debt to equity ratio has increased from 29.2% to 57.1% over the past 5 years.
Debt Coverage: KSAN.F's debt is well covered by operating cash flow (23.6%).
Interest Coverage: KSAN.F's interest payments on its debt are well covered by EBIT (73.2x coverage).