Press Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Press Kogyo has a total shareholder equity of ¥118.9B and total debt of ¥8.2B, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are ¥190.8B and ¥71.9B respectively. Press Kogyo's EBIT is ¥14.9B making its interest coverage ratio -152.3. It has cash and short-term investments of ¥24.8B.
Key information
6.9%
Debt to equity ratio
JP¥8.17b
Debt
Interest coverage ratio | -152.3x |
Cash | JP¥24.80b |
Equity | JP¥118.91b |
Total liabilities | JP¥71.91b |
Total assets | JP¥190.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2YO's short term assets (¥92.7B) exceed its short term liabilities (¥55.6B).
Long Term Liabilities: 2YO's short term assets (¥92.7B) exceed its long term liabilities (¥16.3B).
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 14.1% to 6.9% over the past 5 years.
Debt Coverage: 2YO's debt is well covered by operating cash flow (300.9%).
Interest Coverage: 2YO earns more interest than it pays, so coverage of interest payments is not a concern.