Kohoku KogyoLTD Balance Sheet Health
Financial Health criteria checks 5/6
Kohoku KogyoLTD has a total shareholder equity of ¥22.1B and total debt of ¥499.0M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ¥27.6B and ¥5.6B respectively. Kohoku KogyoLTD's EBIT is ¥2.9B making its interest coverage ratio -51.1. It has cash and short-term investments of ¥11.0B.
Key information
2.3%
Debt to equity ratio
JP¥499.00m
Debt
| Interest coverage ratio | -51.1x |
| Cash | JP¥11.03b |
| Equity | JP¥22.06b |
| Total liabilities | JP¥5.56b |
| Total assets | JP¥27.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H9J's short term assets (¥18.3B) exceed its short term liabilities (¥3.2B).
Long Term Liabilities: H9J's short term assets (¥18.3B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: H9J has more cash than its total debt.
Reducing Debt: Insufficient data to determine if H9J's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: H9J's debt is well covered by operating cash flow (756.9%).
Interest Coverage: H9J earns more interest than it pays, so coverage of interest payments is not a concern.