Koken Boring MachineLtd Balance Sheet Health
Financial Health criteria checks 3/6
Koken Boring MachineLtd has a total shareholder equity of ¥4.9B and total debt of ¥5.4B, which brings its debt-to-equity ratio to 110.8%. Its total assets and total liabilities are ¥13.3B and ¥8.4B respectively. Koken Boring MachineLtd's EBIT is ¥573.0M making its interest coverage ratio 7.5. It has cash and short-term investments of ¥1.7B.
Key information
110.8%
Debt to equity ratio
JP¥5.39b
Debt
| Interest coverage ratio | 7.5x |
| Cash | JP¥1.72b |
| Equity | JP¥4.86b |
| Total liabilities | JP¥8.40b |
| Total assets | JP¥13.26b |
Recent financial health updates
Here's Why Koken Boring MachineLtd (TYO:6297) Has A Meaningful Debt Burden
Apr 27
Is Koken Boring MachineLtd (TYO:6297) A Risky Investment?
Jan 26
Recent updates
There's Reason For Concern Over Koken Boring Machine Co.,Ltd.'s (TSE:6297) Massive 30% Price Jump
Apr 09Here's Why Koken Boring MachineLtd (TYO:6297) Has A Meaningful Debt Burden
Apr 27Koken Boring MachineLtd (TYO:6297) Is Reinvesting At Lower Rates Of Return
Apr 05Here's How We Evaluate Koken Boring Machine Co.,Ltd.'s (TYO:6297) Dividend
Mar 15Is Koken Boring Machine Co.,Ltd.'s (TYO:6297) Latest Stock Performance A Reflection Of Its Financial Health?
Feb 16Is Koken Boring MachineLtd (TYO:6297) A Risky Investment?
Jan 26Should You Be Impressed By Koken Boring MachineLtd's (TYO:6297) Returns on Capital?
Jan 05Here's How We Evaluate Koken Boring Machine Co.,Ltd.'s (TYO:6297) Dividend
Dec 15A Look At The Intrinsic Value Of Koken Boring Machine Co.,Ltd. (TYO:6297)
Nov 27Financial Position Analysis
Short Term Liabilities: 6297's short term assets (¥8.0B) exceed its short term liabilities (¥4.0B).
Long Term Liabilities: 6297's short term assets (¥8.0B) exceed its long term liabilities (¥4.4B).
Debt to Equity History and Analysis
Debt Level: 6297's net debt to equity ratio (75.4%) is considered high.
Reducing Debt: 6297's debt to equity ratio has increased from 34.1% to 110.8% over the past 5 years.
Debt Coverage: 6297's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 6297's interest payments on its debt are well covered by EBIT (7.5x coverage).