KLASS Balance Sheet Health
Financial Health criteria checks 3/6
KLASS has a total shareholder equity of ¥2.9B and total debt of ¥4.1B, which brings its debt-to-equity ratio to 140%. Its total assets and total liabilities are ¥10.1B and ¥7.2B respectively. KLASS's EBIT is ¥115.0M making its interest coverage ratio 4.4. It has cash and short-term investments of ¥1.5B.
Key information
140.0%
Debt to equity ratio
JP¥4.11b
Debt
| Interest coverage ratio | 4.4x |
| Cash | JP¥1.48b |
| Equity | JP¥2.93b |
| Total liabilities | JP¥7.19b |
| Total assets | JP¥10.12b |
Recent financial health updates
Recent updates
These Return Metrics Don't Make KLASS (TSE:6233) Look Too Strong
Nov 15
KLASS (TSE:6233) Will Be Hoping To Turn Its Returns On Capital Around
Aug 06Should You Be Impressed By Kyokuto SankiLtd's (TYO:6233) Returns on Capital?
Mar 08Here'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 (¥5.7B) exceed its short term liabilities (¥4.4B).
Long Term Liabilities: 6233's short term assets (¥5.7B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 6233's net debt to equity ratio (89.8%) 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 debt is not well covered by operating cash flow (17.2%).
Interest Coverage: 6233's interest payments on its debt are well covered by EBIT (4.4x coverage).