Kokuyo Balance Sheet Health
Financial Health criteria checks 6/6
Kokuyo has a total shareholder equity of ¥263.2B and total debt of ¥4.8B, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ¥344.1B and ¥80.9B respectively. Kokuyo's EBIT is ¥21.7B making its interest coverage ratio -25.3. It has cash and short-term investments of ¥114.1B.
Key information
1.8%
Debt to equity ratio
JP¥4.77b
Debt
| Interest coverage ratio | -25.3x |
| Cash | JP¥114.12b |
| Equity | JP¥263.23b |
| Total liabilities | JP¥80.86b |
| Total assets | JP¥344.09b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOK's short term assets (¥217.1B) exceed its short term liabilities (¥66.9B).
Long Term Liabilities: KOK's short term assets (¥217.1B) exceed its long term liabilities (¥14.0B).
Debt to Equity History and Analysis
Debt Level: KOK has more cash than its total debt.
Reducing Debt: KOK's debt to equity ratio has reduced from 6.2% to 1.8% over the past 5 years.
Debt Coverage: KOK's debt is well covered by operating cash flow (347.2%).
Interest Coverage: KOK earns more interest than it pays, so coverage of interest payments is not a concern.