Kyudenko Balance Sheet Health
Financial Health criteria checks 5/6
Kyudenko has a total shareholder equity of ¥291.1B and total debt of ¥32.0B, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are ¥503.3B and ¥212.2B respectively. Kyudenko's EBIT is ¥37.9B making its interest coverage ratio -32. It has cash and short-term investments of ¥98.5B.
Key information
11.0%
Debt to equity ratio
JP¥31.96b
Debt
Interest coverage ratio | -32x |
Cash | JP¥98.55b |
Equity | JP¥291.12b |
Total liabilities | JP¥212.16b |
Total assets | JP¥503.28b |
Financial Position Analysis
Short Term Liabilities: 1959's short term assets (¥324.4B) exceed its short term liabilities (¥195.5B).
Long Term Liabilities: 1959's short term assets (¥324.4B) exceed its long term liabilities (¥16.6B).
Debt to Equity History and Analysis
Debt Level: 1959 has more cash than its total debt.
Reducing Debt: 1959's debt to equity ratio has increased from 8.6% to 11% over the past 5 years.
Debt Coverage: 1959's debt is well covered by operating cash flow (137.6%).
Interest Coverage: 1959 earns more interest than it pays, so coverage of interest payments is not a concern.