Kokusai Electric Balance Sheet Health
Financial Health criteria checks 4/6
Kokusai Electric has a total shareholder equity of ¥187.4B and total debt of ¥91.5B, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are ¥375.4B and ¥188.0B respectively. Kokusai Electric's EBIT is ¥30.7B making its interest coverage ratio 31.1. It has cash and short-term investments of ¥92.6B.
Key information
48.8%
Debt to equity ratio
JP¥91.50b
Debt
Interest coverage ratio | 31.1x |
Cash | JP¥92.62b |
Equity | JP¥187.39b |
Total liabilities | JP¥188.05b |
Total assets | JP¥375.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 69B's short term assets (¥214.9B) exceed its short term liabilities (¥87.5B).
Long Term Liabilities: 69B's short term assets (¥214.9B) exceed its long term liabilities (¥100.5B).
Debt to Equity History and Analysis
Debt Level: 69B has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 69B's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 69B's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: 69B's interest payments on its debt are well covered by EBIT (31.1x coverage).