Konica Minolta Balance Sheet Health
Financial Health criteria checks 3/6
Konica Minolta has a total shareholder equity of ¥521.3B and total debt of ¥401.6B, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are ¥1,343.2B and ¥822.0B respectively. Konica Minolta's EBIT is ¥35.5B making its interest coverage ratio 3.1. It has cash and short-term investments of ¥113.8B.
Key information
77.0%
Debt to equity ratio
JP¥401.59b
Debt
Interest coverage ratio | 3.1x |
Cash | JP¥113.82b |
Equity | JP¥521.26b |
Total liabilities | JP¥821.97b |
Total assets | JP¥1.34t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNCA.F's short term assets (¥703.4B) exceed its short term liabilities (¥522.7B).
Long Term Liabilities: KNCA.F's short term assets (¥703.4B) exceed its long term liabilities (¥299.3B).
Debt to Equity History and Analysis
Debt Level: KNCA.F's net debt to equity ratio (55.2%) is considered high.
Reducing Debt: KNCA.F's debt to equity ratio has increased from 48.9% to 77% over the past 5 years.
Debt Coverage: KNCA.F's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: KNCA.F's interest payments on its debt are well covered by EBIT (3.1x coverage).