Press Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Press Kogyo has a total shareholder equity of ¥120.7B and total debt of ¥8.2B, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ¥190.0B and ¥69.3B respectively. Press Kogyo's EBIT is ¥12.6B making its interest coverage ratio -82.6. It has cash and short-term investments of ¥23.4B.
Key information
6.8%
Debt to equity ratio
JP¥8.21b
Debt
| Interest coverage ratio | -82.6x |
| Cash | JP¥23.41b |
| Equity | JP¥120.72b |
| Total liabilities | JP¥69.33b |
| Total assets | JP¥190.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7246's short term assets (¥87.0B) exceed its short term liabilities (¥53.9B).
Long Term Liabilities: 7246's short term assets (¥87.0B) exceed its long term liabilities (¥15.4B).
Debt to Equity History and Analysis
Debt Level: 7246 has more cash than its total debt.
Reducing Debt: 7246's debt to equity ratio has reduced from 12.6% to 6.8% over the past 5 years.
Debt Coverage: 7246's debt is well covered by operating cash flow (331.9%).
Interest Coverage: 7246 earns more interest than it pays, so coverage of interest payments is not a concern.