Kyokuyo Balance Sheet Health
Financial Health criteria checks 4/6
Kyokuyo has a total shareholder equity of ¥61.7B and total debt of ¥81.0B, which brings its debt-to-equity ratio to 131.2%. Its total assets and total liabilities are ¥173.8B and ¥112.0B respectively. Kyokuyo's EBIT is ¥10.3B making its interest coverage ratio 26.6. It has cash and short-term investments of ¥8.9B.
Key information
131.2%
Debt to equity ratio
JP¥80.96b
Debt
| Interest coverage ratio | 26.6x |
| Cash | JP¥8.92b |
| Equity | JP¥61.73b |
| Total liabilities | JP¥112.04b |
| Total assets | JP¥173.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KYK's short term assets (¥131.8B) exceed its short term liabilities (¥79.5B).
Long Term Liabilities: KYK's short term assets (¥131.8B) exceed its long term liabilities (¥32.5B).
Debt to Equity History and Analysis
Debt Level: KYK's net debt to equity ratio (116.7%) is considered high.
Reducing Debt: KYK's debt to equity ratio has reduced from 202.2% to 131.2% over the past 5 years.
Debt Coverage: KYK's debt is not well covered by operating cash flow (2%).
Interest Coverage: KYK's interest payments on its debt are well covered by EBIT (26.6x coverage).