Kitagawa SeikiLtd Balance Sheet Health

Financial Health criteria checks 6/6

Kitagawa SeikiLtd has a total shareholder equity of ¥4.5B and total debt of ¥1.4B, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are ¥8.1B and ¥3.5B respectively. Kitagawa SeikiLtd's EBIT is ¥404.0M making its interest coverage ratio 31.1. It has cash and short-term investments of ¥2.7B.

Key information

31.2%

Debt to equity ratio

JP¥1.41b

Debt

Interest coverage ratio31.1x
CashJP¥2.71b
EquityJP¥4.53b
Total liabilitiesJP¥3.53b
Total assetsJP¥8.06b

Recent financial health updates

Recent updates

This Broker Just Slashed Their Kitagawa Seiki Co.,Ltd. (TSE:6327) Earnings Forecasts

Aug 27
This Broker Just Slashed Their Kitagawa Seiki Co.,Ltd. (TSE:6327) Earnings Forecasts

Kitagawa SeikiLtd's (TSE:6327) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Aug 26
Kitagawa SeikiLtd's (TSE:6327) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Insufficient Growth At Kitagawa Seiki Co.,Ltd. (TSE:6327) Hampers Share Price

Jul 29
Insufficient Growth At Kitagawa Seiki Co.,Ltd. (TSE:6327) Hampers Share Price

Kitagawa SeikiLtd (TSE:6327) Has Affirmed Its Dividend Of ¥8.00

Jun 05
Kitagawa SeikiLtd (TSE:6327) Has Affirmed Its Dividend Of ¥8.00

Kitagawa SeikiLtd (TSE:6327) Has Announced A Dividend Of ¥8.00

Apr 16
Kitagawa SeikiLtd (TSE:6327) Has Announced A Dividend Of ¥8.00

Kitagawa SeikiLtd (TSE:6327) Has A Rock Solid Balance Sheet

Apr 09
Kitagawa SeikiLtd (TSE:6327) Has A Rock Solid Balance Sheet

Kitagawa SeikiLtd (TSE:6327) Will Pay A Dividend Of ¥8.00

Feb 26
Kitagawa SeikiLtd (TSE:6327) Will Pay A Dividend Of ¥8.00

At JP¥956, Is Kitagawa Seiki Co.,Ltd. (TYO:6327) Worth Looking At Closely?

Apr 11
At JP¥956, Is Kitagawa Seiki Co.,Ltd. (TYO:6327) Worth Looking At Closely?

Here's Why I Think Kitagawa SeikiLtd (TYO:6327) Might Deserve Your Attention Today

Mar 24
Here's Why I Think Kitagawa SeikiLtd (TYO:6327) Might Deserve Your Attention Today

Kitagawa SeikiLtd (TYO:6327) Could Easily Take On More Debt

Mar 02
Kitagawa SeikiLtd (TYO:6327) Could Easily Take On More Debt

What Can The Trends At Kitagawa SeikiLtd (TYO:6327) Tell Us About Their Returns?

Feb 01
What Can The Trends At Kitagawa SeikiLtd (TYO:6327) Tell Us About Their Returns?

Kitagawa Seiki Co.,Ltd.'s (TYO:6327) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Dec 29
Kitagawa Seiki Co.,Ltd.'s (TYO:6327) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Is Kitagawa SeikiLtd (TYO:6327) A Risky Investment?

Nov 30
Is Kitagawa SeikiLtd (TYO:6327) A Risky Investment?

Financial Position Analysis

Short Term Liabilities: 6327's short term assets (¥6.0B) exceed its short term liabilities (¥2.8B).

Long Term Liabilities: 6327's short term assets (¥6.0B) exceed its long term liabilities (¥734.0M).


Debt to Equity History and Analysis

Debt Level: 6327 has more cash than its total debt.

Reducing Debt: 6327's debt to equity ratio has reduced from 109.3% to 31.2% over the past 5 years.

Debt Coverage: 6327's debt is well covered by operating cash flow (35.7%).

Interest Coverage: 6327's interest payments on its debt are well covered by EBIT (31.1x coverage).


Balance Sheet


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