Kanda Tsushinki Balance Sheet Health
Financial Health criteria checks 6/6
Kanda Tsushinki has a total shareholder equity of ¥5.4B and total debt of ¥200.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ¥8.2B and ¥2.8B respectively. Kanda Tsushinki's EBIT is ¥590.0M making its interest coverage ratio -20.3. It has cash and short-term investments of ¥2.7B.
Key information
3.7%
Debt to equity ratio
JP¥200.00m
Debt
| Interest coverage ratio | -20.3x |
| Cash | JP¥2.66b |
| Equity | JP¥5.38b |
| Total liabilities | JP¥2.81b |
| Total assets | JP¥8.18b |
Recent financial health updates
We Think Kanda Tsushinki (TYO:1992) Can Manage Its Debt With Ease
May 06
Is Kanda Tsushinki (TYO:1992) A Risky Investment?
Jan 22
Recent updates
Kanda Tsushinki's (TSE:1992) Upcoming Dividend Will Be Larger Than Last Year's
Feb 27We Think Kanda Tsushinki (TYO:1992) Can Manage Its Debt With Ease
May 06Is Kanda Tsushinki Co., Ltd. (TYO:1992) An Attractive Dividend Stock?
Apr 15With EPS Growth And More, Kanda Tsushinki (TYO:1992) Is Interesting
Mar 23Here’s What’s Happening With Returns At Kanda Tsushinki (TYO:1992)
Mar 02Kanda Tsushinki's (TYO:1992) Earnings Are Growing But Is There More To The Story?
Feb 09Is Kanda Tsushinki (TYO:1992) A Risky Investment?
Jan 22Read This Before Buying Kanda Tsushinki Co., Ltd. (TYO:1992) For Its Dividend
Jan 03Here's Why We Think Kanda Tsushinki (TYO:1992) Is Well Worth Watching
Dec 17Will The ROCE Trend At Kanda Tsushinki (TYO:1992) Continue?
Nov 29Financial Position Analysis
Short Term Liabilities: 1992's short term assets (¥4.7B) exceed its short term liabilities (¥1.7B).
Long Term Liabilities: 1992's short term assets (¥4.7B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 1992 has more cash than its total debt.
Reducing Debt: 1992's debt to equity ratio has reduced from 5.3% to 3.7% over the past 5 years.
Debt Coverage: 1992's debt is well covered by operating cash flow (117%).
Interest Coverage: 1992 earns more interest than it pays, so coverage of interest payments is not a concern.