Koito Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
Koito Manufacturing has a total shareholder equity of ¥719.3B and total debt of ¥14.3B, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ¥965.6B and ¥246.3B respectively. Koito Manufacturing's EBIT is ¥56.0B making its interest coverage ratio -12.1. It has cash and short-term investments of ¥302.9B.
Key information
2.0%
Debt to equity ratio
JP¥14.30b
Debt
| Interest coverage ratio | -12.1x |
| Cash | JP¥302.87b |
| Equity | JP¥719.27b |
| Total liabilities | JP¥246.33b |
| Total assets | JP¥965.60b |
Recent financial health updates
No updates
Recent updates
Estimating The Fair Value Of Koito Manufacturing Co., Ltd. (TSE:7276)
Apr 22
Some Investors May Be Worried About Koito Manufacturing's (TSE:7276) Returns On Capital
Apr 08Koito Manufacturing (TSE:7276) Will Pay A Dividend Of ¥25.00
Feb 28Potential Upside For Koito Manufacturing Co., Ltd. (TSE:7276) Not Without Risk
Feb 27Financial Position Analysis
Short Term Liabilities: 7276's short term assets (¥582.5B) exceed its short term liabilities (¥192.5B).
Long Term Liabilities: 7276's short term assets (¥582.5B) exceed its long term liabilities (¥53.8B).
Debt to Equity History and Analysis
Debt Level: 7276 has more cash than its total debt.
Reducing Debt: 7276's debt to equity ratio has reduced from 6.5% to 2% over the past 5 years.
Debt Coverage: 7276's debt is well covered by operating cash flow (674.2%).
Interest Coverage: 7276 earns more interest than it pays, so coverage of interest payments is not a concern.