Kuraray Balance Sheet Health
Financial Health criteria checks 5/6
Kuraray has a total shareholder equity of ¥736.2B and total debt of ¥282.0B, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are ¥1,254.5B and ¥518.3B respectively. Kuraray's EBIT is ¥75.5B making its interest coverage ratio 387.1. It has cash and short-term investments of ¥134.6B.
Key information
38.3%
Debt to equity ratio
JP¥282.02b
Debt
Interest coverage ratio | 387.1x |
Cash | JP¥134.62b |
Equity | JP¥736.16b |
Total liabilities | JP¥518.33b |
Total assets | JP¥1.25t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KURR.Y's short term assets (¥551.7B) exceed its short term liabilities (¥200.6B).
Long Term Liabilities: KURR.Y's short term assets (¥551.7B) exceed its long term liabilities (¥317.8B).
Debt to Equity History and Analysis
Debt Level: KURR.Y's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: KURR.Y's debt to equity ratio has increased from 38.2% to 38.3% over the past 5 years.
Debt Coverage: KURR.Y's debt is well covered by operating cash flow (45.8%).
Interest Coverage: KURR.Y's interest payments on its debt are well covered by EBIT (387.1x coverage).