Kitagawa SeikiLtd Balance Sheet Health
Financial Health criteria checks 6/6
Kitagawa SeikiLtd has a total shareholder equity of ¥3.8B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are ¥7.9B and ¥4.0B respectively. Kitagawa SeikiLtd's EBIT is ¥989.0M making its interest coverage ratio 61.8. It has cash and short-term investments of ¥2.7B.
Key information
39.2%
Debt to equity ratio
JP¥1.50b
Debt
| Interest coverage ratio | 61.8x |
| Cash | JP¥2.72b |
| Equity | JP¥3.83b |
| Total liabilities | JP¥4.02b |
| Total assets | JP¥7.86b |
Recent financial health updates
Kitagawa SeikiLtd (TSE:6327) Has A Rock Solid Balance Sheet
Apr 09
Kitagawa SeikiLtd (TYO:6327) Could Easily Take On More Debt
Mar 02Is Kitagawa SeikiLtd (TYO:6327) A Risky Investment?
Nov 30Recent updates
Kitagawa SeikiLtd (TSE:6327) Has Announced A Dividend Of ¥8.00
Apr 16Kitagawa SeikiLtd (TSE:6327) Has A Rock Solid Balance Sheet
Apr 09Kitagawa SeikiLtd (TSE:6327) Will Pay A Dividend Of ¥8.00
Feb 26At JP¥956, Is Kitagawa Seiki Co.,Ltd. (TYO:6327) Worth Looking At Closely?
Apr 11Here's Why I Think Kitagawa SeikiLtd (TYO:6327) Might Deserve Your Attention Today
Mar 24Kitagawa SeikiLtd (TYO:6327) Could Easily Take On More Debt
Mar 02What Can The Trends At Kitagawa SeikiLtd (TYO:6327) Tell Us About Their Returns?
Feb 01Kitagawa Seiki Co.,Ltd.'s (TYO:6327) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Dec 29Is Kitagawa SeikiLtd (TYO:6327) A Risky Investment?
Nov 30Financial Position Analysis
Short Term Liabilities: 6327's short term assets (¥5.8B) exceed its short term liabilities (¥3.2B).
Long Term Liabilities: 6327's short term assets (¥5.8B) exceed its long term liabilities (¥801.0M).
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 109.1% to 39.2% over the past 5 years.
Debt Coverage: 6327's debt is well covered by operating cash flow (56.5%).
Interest Coverage: 6327's interest payments on its debt are well covered by EBIT (61.8x coverage).