Kawasaki Kisen Kaisha Balance Sheet Health
Financial Health criteria checks 6/6
Kawasaki Kisen Kaisha has a total shareholder equity of ¥1,540.4B and total debt of ¥319.4B, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are ¥2,066.9B and ¥526.5B respectively. Kawasaki Kisen Kaisha's EBIT is ¥68.4B making its interest coverage ratio 17.8. It has cash and short-term investments of ¥324.5B.
Key information
20.7%
Debt to equity ratio
JP¥319.41b
Debt
Interest coverage ratio | 17.8x |
Cash | JP¥324.45b |
Equity | JP¥1.54t |
Total liabilities | JP¥526.54b |
Total assets | JP¥2.07t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KAIK.Y's short term assets (¥526.3B) exceed its short term liabilities (¥240.2B).
Long Term Liabilities: KAIK.Y's short term assets (¥526.3B) exceed its long term liabilities (¥286.3B).
Debt to Equity History and Analysis
Debt Level: KAIK.Y has more cash than its total debt.
Reducing Debt: KAIK.Y's debt to equity ratio has reduced from 197.4% to 20.7% over the past 5 years.
Debt Coverage: KAIK.Y's debt is well covered by operating cash flow (138.8%).
Interest Coverage: KAIK.Y's interest payments on its debt are well covered by EBIT (17.8x coverage).