Kureha Balance Sheet Health
Financial Health criteria checks 6/6
Kureha has a total shareholder equity of ¥217.7B and total debt of ¥52.7B, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are ¥322.2B and ¥104.6B respectively. Kureha's EBIT is ¥15.8B making its interest coverage ratio -19.8. It has cash and short-term investments of ¥25.3B.
Key information
24.2%
Debt to equity ratio
JP¥52.67b
Debt
| Interest coverage ratio | -19.8x |
| Cash | JP¥25.33b |
| Equity | JP¥217.67b |
| Total liabilities | JP¥104.57b |
| Total assets | JP¥322.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KURC.F's short term assets (¥119.0B) exceed its short term liabilities (¥56.2B).
Long Term Liabilities: KURC.F's short term assets (¥119.0B) exceed its long term liabilities (¥48.4B).
Debt to Equity History and Analysis
Debt Level: KURC.F's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: KURC.F's debt to equity ratio has reduced from 30.3% to 24.2% over the past 5 years.
Debt Coverage: KURC.F's debt is well covered by operating cash flow (38%).
Interest Coverage: KURC.F earns more interest than it pays, so coverage of interest payments is not a concern.