Kyudenko Balance Sheet Health
Financial Health criteria checks 5/6
Kyudenko has a total shareholder equity of ¥299.7B and total debt of ¥31.6B, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are ¥465.3B and ¥165.6B respectively. Kyudenko's EBIT is ¥42.5B making its interest coverage ratio -50. It has cash and short-term investments of ¥86.6B.
Key information
10.5%
Debt to equity ratio
JP¥31.60b
Debt
| Interest coverage ratio | -50x |
| Cash | JP¥86.65b |
| Equity | JP¥299.71b |
| Total liabilities | JP¥165.58b |
| Total assets | JP¥465.29b |
Recent financial health updates
Kyudenko (TSE:1959) Seems To Use Debt Rather Sparingly
Jul 15
Is Kyudenko (TSE:1959) Using Too Much Debt?
Apr 11Recent updates
Are Investors Undervaluing Kyudenko Corporation (TSE:1959) By 29%?
Oct 23Earnings Not Telling The Story For Kyudenko Corporation (TSE:1959)
Sep 10Kyudenko (TSE:1959) Seems To Use Debt Rather Sparingly
Jul 15Calculating The Fair Value Of Kyudenko Corporation (TSE:1959)
Jun 29Kyudenko Corporation's (TSE:1959) Business Is Yet to Catch Up With Its Share Price
May 29Is Kyudenko (TSE:1959) Using Too Much Debt?
Apr 11Kyudenko (TSE:1959) Is Due To Pay A Dividend Of ¥55.00
Mar 27Kyudenko (TSE:1959) Is Due To Pay A Dividend Of ¥55.00
Feb 28Financial Position Analysis
Short Term Liabilities: 1959's short term assets (¥280.1B) exceed its short term liabilities (¥149.5B).
Long Term Liabilities: 1959's short term assets (¥280.1B) exceed its long term liabilities (¥16.0B).
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 7.8% to 10.5% over the past 5 years.
Debt Coverage: 1959's debt is well covered by operating cash flow (139.2%).
Interest Coverage: 1959 earns more interest than it pays, so coverage of interest payments is not a concern.