Press Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Press Kogyo has a total shareholder equity of ¥123.5B and total debt of ¥7.5B, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are ¥188.6B and ¥65.1B respectively. Press Kogyo's EBIT is ¥11.5B making its interest coverage ratio -58.9. It has cash and short-term investments of ¥23.0B.
Key information
6.0%
Debt to equity ratio
JP¥7.47b
Debt
| Interest coverage ratio | -58.9x |
| Cash | JP¥22.99b |
| Equity | JP¥123.50b |
| Total liabilities | JP¥65.06b |
| Total assets | JP¥188.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2YO's short term assets (¥84.0B) exceed its short term liabilities (¥50.0B).
Long Term Liabilities: 2YO's short term assets (¥84.0B) exceed its long term liabilities (¥15.1B).
Debt to Equity History and Analysis
Debt Level: 2YO has more cash than its total debt.
Reducing Debt: 2YO's debt to equity ratio has reduced from 12.5% to 6% over the past 5 years.
Debt Coverage: 2YO's debt is well covered by operating cash flow (290.7%).
Interest Coverage: 2YO earns more interest than it pays, so coverage of interest payments is not a concern.