Kyosan Electric Manufacturing Balance Sheet Health
Financial Health criteria checks 3/6
Kyosan Electric Manufacturing has a total shareholder equity of ¥47.2B and total debt of ¥31.3B, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are ¥120.8B and ¥73.7B respectively. Kyosan Electric Manufacturing's EBIT is ¥3.1B making its interest coverage ratio -781. It has cash and short-term investments of ¥6.7B.
Key information
66.2%
Debt to equity ratio
JP¥31.25b
Debt
| Interest coverage ratio | -781x |
| Cash | JP¥6.68b |
| Equity | JP¥47.19b |
| Total liabilities | JP¥73.66b |
| Total assets | JP¥120.84b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7B4's short term assets (¥86.8B) exceed its short term liabilities (¥60.0B).
Long Term Liabilities: 7B4's short term assets (¥86.8B) exceed its long term liabilities (¥13.6B).
Debt to Equity History and Analysis
Debt Level: 7B4's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: 7B4's debt to equity ratio has increased from 45.4% to 66.2% over the past 5 years.
Debt Coverage: 7B4's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7B4 earns more interest than it pays, so coverage of interest payments is not a concern.