KLASS Balance Sheet Health
Financial Health criteria checks 3/6
KLASS has a total shareholder equity of ¥2.8B and total debt of ¥4.3B, which brings its debt-to-equity ratio to 150.2%. Its total assets and total liabilities are ¥10.0B and ¥7.2B respectively. KLASS's EBIT is ¥250.0M making its interest coverage ratio 10.9. It has cash and short-term investments of ¥1.0B.
Key information
150.2%
Debt to equity ratio
JP¥4.25b
Debt
| Interest coverage ratio | 10.9x |
| Cash | JP¥1.02b |
| Equity | JP¥2.83b |
| Total liabilities | JP¥7.21b |
| Total assets | JP¥10.04b |
Recent financial health updates
Recent updates
Should You Be Impressed By Kyokuto SankiLtd's (TYO:6233) Returns on Capital?
Mar 08
Here's Why Kyokuto SankiLtd (TYO:6233) Has A Meaningful Debt Burden
Feb 01Kyokuto Sanki Co.,Ltd. (TYO:6233) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Jan 03
Should You Be Worried About Kyokuto SankiLtd's (TYO:6233) Returns On Capital?
Dec 06Financial Position Analysis
Short Term Liabilities: 6233's short term assets (¥5.6B) exceed its short term liabilities (¥4.5B).
Long Term Liabilities: 6233's short term assets (¥5.6B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 6233's net debt to equity ratio (114.2%) is considered high.
Reducing Debt: Insufficient data to determine if 6233's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6233's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6233's interest payments on its debt are well covered by EBIT (10.9x coverage).