Kurita Water Industries Balance Sheet Health
Financial Health criteria checks 5/6
Kurita Water Industries has a total shareholder equity of ¥336.9B and total debt of ¥70.7B, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are ¥547.8B and ¥210.9B respectively. Kurita Water Industries's EBIT is ¥44.6B making its interest coverage ratio -131. It has cash and short-term investments of ¥51.8B.
Key information
21.0%
Debt to equity ratio
JP¥70.67b
Debt
| Interest coverage ratio | -131x |
| Cash | JP¥51.75b |
| Equity | JP¥336.92b |
| Total liabilities | JP¥210.89b |
| Total assets | JP¥547.81b |
Recent financial health updates
These 4 Measures Indicate That Kurita Water Industries (TSE:6370) Is Using Debt Reasonably Well
Aug 19
Does Kurita Water Industries (TSE:6370) Have A Healthy Balance Sheet?
Apr 23Recent updates
Investors Met With Slowing Returns on Capital At Kurita Water Industries (TSE:6370)
Dec 13Kurita Water Industries (TSE:6370) Is Due To Pay A Dividend Of ¥46.00
Nov 29Is Kurita Water Industries Ltd. (TSE:6370) Trading At A 28% Discount?
Nov 24Earnings Update: Kurita Water Industries Ltd. (TSE:6370) Just Reported Its Half-Year Results And Analysts Are Updating Their Forecasts
Nov 10Kurita Water Industries Ltd.'s (TSE:6370) Earnings Haven't Escaped The Attention Of Investors
Nov 07Kurita Water Industries' (TSE:6370) Upcoming Dividend Will Be Larger Than Last Year's
Aug 29These 4 Measures Indicate That Kurita Water Industries (TSE:6370) Is Using Debt Reasonably Well
Aug 19Kurita Water Industries Ltd.'s (TSE:6370) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Aug 05Kurita Water Industries (TSE:6370) Has Announced That It Will Be Increasing Its Dividend To ¥46.00
Jul 26Kurita Water Industries (TSE:6370) Hasn't Managed To Accelerate Its Returns
Jul 25Kurita Water Industries (TSE:6370) Is Increasing Its Dividend To ¥46.00
Jul 11A Look At The Fair Value Of Kurita Water Industries Ltd. (TSE:6370)
Jun 23Kurita Water Industries Ltd.'s (TSE:6370) Shareholders Might Be Looking For Exit
Jun 09Analysts Have Made A Financial Statement On Kurita Water Industries Ltd.'s (TSE:6370) Full-Year Report
May 12Does Kurita Water Industries (TSE:6370) Have A Healthy Balance Sheet?
Apr 23Does This Valuation Of Kurita Water Industries Ltd. (TSE:6370) Imply Investors Are Overpaying?
Mar 14Kurita Water Industries (TSE:6370) Will Pay A Dividend Of ¥42.00
Mar 01Financial Position Analysis
Short Term Liabilities: 6370's short term assets (¥214.8B) exceed its short term liabilities (¥110.0B).
Long Term Liabilities: 6370's short term assets (¥214.8B) exceed its long term liabilities (¥100.9B).
Debt to Equity History and Analysis
Debt Level: 6370's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 6370's debt to equity ratio has increased from 13% to 21% over the past 5 years.
Debt Coverage: 6370's debt is well covered by operating cash flow (99.4%).
Interest Coverage: 6370 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 04:40 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kurita Water Industries Ltd. is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kunio Sakaida | Barclays |
| Hideyuki Mizuno | BofA Global Research |
| Taku Ouchi | Citigroup Global Markets Japan Inc. |