Kadokawa Balance Sheet Health
Financial Health criteria checks 6/6
Kadokawa has a total shareholder equity of ¥212.6B and total debt of ¥25.3B, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are ¥340.3B and ¥127.7B respectively. Kadokawa's EBIT is ¥18.5B making its interest coverage ratio -8.8. It has cash and short-term investments of ¥110.6B.
Key information
11.9%
Debt to equity ratio
JP¥25.35b
Debt
Interest coverage ratio | -8.8x |
Cash | JP¥110.60b |
Equity | JP¥212.56b |
Total liabilities | JP¥127.75b |
Total assets | JP¥340.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KDKW.F's short term assets (¥221.4B) exceed its short term liabilities (¥97.4B).
Long Term Liabilities: KDKW.F's short term assets (¥221.4B) exceed its long term liabilities (¥30.4B).
Debt to Equity History and Analysis
Debt Level: KDKW.F has more cash than its total debt.
Reducing Debt: KDKW.F's debt to equity ratio has reduced from 63.4% to 11.9% over the past 5 years.
Debt Coverage: KDKW.F's debt is well covered by operating cash flow (47.4%).
Interest Coverage: KDKW.F earns more interest than it pays, so coverage of interest payments is not a concern.