Kyokuyo Balance Sheet Health
Financial Health criteria checks 4/6
Kyokuyo has a total shareholder equity of ¥53.3B and total debt of ¥86.9B, which brings its debt-to-equity ratio to 163.2%. Its total assets and total liabilities are ¥169.1B and ¥115.9B respectively. Kyokuyo's EBIT is ¥6.9B making its interest coverage ratio 17.6. It has cash and short-term investments of ¥8.6B.
Key information
163.2%
Debt to equity ratio
JP¥86.94b
Debt
Interest coverage ratio | 17.6x |
Cash | JP¥8.64b |
Equity | JP¥53.26b |
Total liabilities | JP¥115.88b |
Total assets | JP¥169.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KYK's short term assets (¥133.8B) exceed its short term liabilities (¥81.9B).
Long Term Liabilities: KYK's short term assets (¥133.8B) exceed its long term liabilities (¥34.0B).
Debt to Equity History and Analysis
Debt Level: KYK's net debt to equity ratio (147%) is considered high.
Reducing Debt: KYK's debt to equity ratio has reduced from 226.6% to 163.2% over the past 5 years.
Debt Coverage: KYK's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: KYK's interest payments on its debt are well covered by EBIT (17.6x coverage).