Konoike TransportLtd Balance Sheet Health
Financial Health criteria checks 5/6
Konoike TransportLtd has a total shareholder equity of ¥126.2B and total debt of ¥71.0B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are ¥271.0B and ¥144.8B respectively. Konoike TransportLtd's EBIT is ¥13.7B making its interest coverage ratio -56.1. It has cash and short-term investments of ¥70.5B.
Key information
56.3%
Debt to equity ratio
JP¥70.99b
Debt
| Interest coverage ratio | -56.1x |
| Cash | JP¥70.46b |
| Equity | JP¥126.16b |
| Total liabilities | JP¥144.84b |
| Total assets | JP¥270.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KNOI.F's short term assets (¥135.5B) exceed its short term liabilities (¥55.4B).
Long Term Liabilities: KNOI.F's short term assets (¥135.5B) exceed its long term liabilities (¥89.4B).
Debt to Equity History and Analysis
Debt Level: KNOI.F's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: KNOI.F's debt to equity ratio has increased from 37.9% to 56.3% over the past 5 years.
Debt Coverage: KNOI.F's debt is well covered by operating cash flow (26.5%).
Interest Coverage: KNOI.F earns more interest than it pays, so coverage of interest payments is not a concern.