Kurita Water Industries Balance Sheet Health
Financial Health criteria checks 5/6
Kurita Water Industries has a total shareholder equity of ¥333.4B and total debt of ¥77.8B, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are ¥557.4B and ¥224.0B respectively. Kurita Water Industries's EBIT is ¥41.2B making its interest coverage ratio -132.2. It has cash and short-term investments of ¥60.4B.
Key information
23.3%
Debt to equity ratio
JP¥77.81b
Debt
Interest coverage ratio | -132.2x |
Cash | JP¥60.38b |
Equity | JP¥333.41b |
Total liabilities | JP¥224.00b |
Total assets | JP¥557.41b |
Recent financial health updates
Recent updates
A 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 (¥228.0B) exceed its short term liabilities (¥118.6B).
Long Term Liabilities: 6370's short term assets (¥228.0B) exceed its long term liabilities (¥105.4B).
Debt to Equity History and Analysis
Debt Level: 6370's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 6370's debt to equity ratio has increased from 0% to 23.3% over the past 5 years.
Debt Coverage: 6370's debt is well covered by operating cash flow (65.4%).
Interest Coverage: 6370 earns more interest than it pays, so coverage of interest payments is not a concern.