Konica Minolta Balance Sheet Health
Financial Health criteria checks 2/6
Konica Minolta has a total shareholder equity of ¥522.7B and total debt of ¥405.9B, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are ¥1,324.0B and ¥801.3B respectively. Konica Minolta's EBIT is ¥25.4B making its interest coverage ratio 1.7. It has cash and short-term investments of ¥107.5B.
Key information
77.6%
Debt to equity ratio
JP¥405.86b
Debt
| Interest coverage ratio | 1.7x |
| Cash | JP¥107.50b |
| Equity | JP¥522.71b |
| Total liabilities | JP¥801.27b |
| Total assets | JP¥1.32t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNCA.Y's short term assets (¥682.3B) exceed its short term liabilities (¥440.2B).
Long Term Liabilities: KNCA.Y's short term assets (¥682.3B) exceed its long term liabilities (¥361.1B).
Debt to Equity History and Analysis
Debt Level: KNCA.Y's net debt to equity ratio (57.1%) is considered high.
Reducing Debt: KNCA.Y's debt to equity ratio has increased from 49.9% to 77.6% over the past 5 years.
Debt Coverage: KNCA.Y's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: KNCA.Y's interest payments on its debt are not well covered by EBIT (1.7x coverage).