Koatsu KogyoLtd Balance Sheet Health
Financial Health criteria checks 5/6
Koatsu KogyoLtd has a total shareholder equity of ¥8.9B and total debt of ¥600.0M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are ¥14.3B and ¥5.4B respectively. Koatsu KogyoLtd's EBIT is ¥456.0M making its interest coverage ratio -57. It has cash and short-term investments of ¥993.0M.
Key information
6.8%
Debt to equity ratio
JP¥600.00m
Debt
| Interest coverage ratio | -57x |
| Cash | JP¥993.00m |
| Equity | JP¥8.88b |
| Total liabilities | JP¥5.38b |
| Total assets | JP¥14.26b |
Financial Position Analysis
Short Term Liabilities: 1743's short term assets (¥7.2B) exceed its short term liabilities (¥5.1B).
Long Term Liabilities: 1743's short term assets (¥7.2B) exceed its long term liabilities (¥245.0M).
Debt to Equity History and Analysis
Debt Level: 1743 has more cash than its total debt.
Reducing Debt: 1743's debt to equity ratio has reduced from 16% to 6.8% over the past 5 years.
Debt Coverage: 1743's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1743 earns more interest than it pays, so coverage of interest payments is not a concern.