Kokuyo Balance Sheet Health
Financial Health criteria checks 6/6
Kokuyo has a total shareholder equity of ¥253.4B and total debt of ¥9.2B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ¥358.4B and ¥105.0B respectively. Kokuyo's EBIT is ¥23.8B making its interest coverage ratio -33. It has cash and short-term investments of ¥115.6B.
Key information
3.6%
Debt to equity ratio
JP¥9.24b
Debt
Interest coverage ratio | -33x |
Cash | JP¥115.62b |
Equity | JP¥253.43b |
Total liabilities | JP¥104.99b |
Total assets | JP¥358.41b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KOK's short term assets (¥230.2B) exceed its short term liabilities (¥91.3B).
Long Term Liabilities: KOK's short term assets (¥230.2B) exceed its long term liabilities (¥13.7B).
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 6.6% to 3.6% over the past 5 years.
Debt Coverage: KOK's debt is well covered by operating cash flow (376%).
Interest Coverage: KOK earns more interest than it pays, so coverage of interest payments is not a concern.