Kansai Paint Balance Sheet Health
Financial Health criteria checks 6/6
Kansai Paint has a total shareholder equity of ¥396.7B and total debt of ¥86.7B, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are ¥683.3B and ¥286.6B respectively. Kansai Paint's EBIT is ¥49.3B making its interest coverage ratio -770.3. It has cash and short-term investments of ¥89.3B.
Key information
21.9%
Debt to equity ratio
JP¥86.72b
Debt
Interest coverage ratio | -770.3x |
Cash | JP¥89.33b |
Equity | JP¥396.72b |
Total liabilities | JP¥286.62b |
Total assets | JP¥683.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KSAN.F's short term assets (¥337.3B) exceed its short term liabilities (¥234.2B).
Long Term Liabilities: KSAN.F's short term assets (¥337.3B) exceed its long term liabilities (¥52.4B).
Debt to Equity History and Analysis
Debt Level: KSAN.F has more cash than its total debt.
Reducing Debt: KSAN.F's debt to equity ratio has reduced from 35.6% to 21.9% over the past 5 years.
Debt Coverage: KSAN.F's debt is well covered by operating cash flow (70.9%).
Interest Coverage: KSAN.F earns more interest than it pays, so coverage of interest payments is not a concern.