Kyoritsu Air Tech Balance Sheet Health
Financial Health criteria checks 6/6
Kyoritsu Air Tech has a total shareholder equity of ¥8.8B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are ¥14.4B and ¥5.6B respectively. Kyoritsu Air Tech's EBIT is ¥616.0M making its interest coverage ratio -47.4. It has cash and short-term investments of ¥3.9B.
Key information
22.8%
Debt to equity ratio
JP¥2.00b
Debt
| Interest coverage ratio | -47.4x |
| Cash | JP¥3.88b |
| Equity | JP¥8.76b |
| Total liabilities | JP¥5.63b |
| Total assets | JP¥14.39b |
Recent financial health updates
These 4 Measures Indicate That Kyoritsu Air Tech (TYO:5997) Is Using Debt Safely
Mar 14
Is Kyoritsu Air Tech (TYO:5997) Using Too Much Debt?
Nov 22
Recent updates
Kyoritsu Air Tech Inc.'s (TSE:5997) Earnings Are Not Doing Enough For Some Investors
Aug 07Here's What You Should Know About Kyoritsu Air Tech Inc.'s (TYO:5997) 3.3% Dividend Yield
Apr 19These 4 Measures Indicate That Kyoritsu Air Tech (TYO:5997) Is Using Debt Safely
Mar 14The Returns At Kyoritsu Air Tech (TYO:5997) Provide Us With Signs Of What's To Come
Feb 15Is It Worth Buying Kyoritsu Air Tech Inc. (TYO:5997) For Its 1.6% Dividend Yield?
Jan 19Kyoritsu Air Tech (TYO:5997) Could Be A Buy For Its Upcoming Dividend
Dec 24Is Kyoritsu Air Tech (TYO:5997) Using Too Much Debt?
Nov 22Financial Position Analysis
Short Term Liabilities: 5997's short term assets (¥8.6B) exceed its short term liabilities (¥4.8B).
Long Term Liabilities: 5997's short term assets (¥8.6B) exceed its long term liabilities (¥837.0M).
Debt to Equity History and Analysis
Debt Level: 5997 has more cash than its total debt.
Reducing Debt: 5997's debt to equity ratio has reduced from 27.7% to 22.8% over the past 5 years.
Debt Coverage: 5997's debt is well covered by operating cash flow (50.8%).
Interest Coverage: 5997 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 22:48 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kyoritsu Air Tech Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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