KyowakogyosyoLtd Balance Sheet Health
Financial Health criteria checks 6/6
KyowakogyosyoLtd has a total shareholder equity of ¥15.3B and total debt of ¥28.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ¥17.3B and ¥2.1B respectively. KyowakogyosyoLtd's EBIT is ¥1.1B making its interest coverage ratio -13.6. It has cash and short-term investments of ¥8.3B.
Key information
0.2%
Debt to equity ratio
JP¥28.00m
Debt
Interest coverage ratio | -13.6x |
Cash | JP¥8.27b |
Equity | JP¥15.26b |
Total liabilities | JP¥2.08b |
Total assets | JP¥17.34b |
Recent financial health updates
Recent updates
Returns At KyowakogyosyoLtd (TYO:5971) Are On The Way Up
Apr 15The Case For Kyowakogyosyo Co.,Ltd. (TYO:5971): Could It Be A Nice Addition To Your Dividend Portfolio?
Mar 04Is KyowakogyosyoLtd (TYO:5971) Using Too Much Debt?
Feb 11Does KyowakogyosyoLtd's (TYO:5971) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 25Should You Be Impressed By KyowakogyosyoLtd's (TYO:5971) Returns on Capital?
Jan 03If You Had Bought KyowakogyosyoLtd's (TYO:5971) Shares Three Years Ago You Would Be Down 50%
Dec 16Financial Position Analysis
Short Term Liabilities: 5971's short term assets (¥11.9B) exceed its short term liabilities (¥1.2B).
Long Term Liabilities: 5971's short term assets (¥11.9B) exceed its long term liabilities (¥895.0M).
Debt to Equity History and Analysis
Debt Level: 5971 has more cash than its total debt.
Reducing Debt: 5971's debt to equity ratio has reduced from 1.6% to 0.2% over the past 5 years.
Debt Coverage: 5971's debt is well covered by operating cash flow (4825%).
Interest Coverage: 5971 earns more interest than it pays, so coverage of interest payments is not a concern.