Yuken Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Yuken Kogyo has a total shareholder equity of ¥26.3B and total debt of ¥6.5B, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are ¥43.4B and ¥17.1B respectively. Yuken Kogyo's EBIT is ¥1.6B making its interest coverage ratio -164.2. It has cash and short-term investments of ¥6.4B.
Key information
24.7%
Debt to equity ratio
JP¥6.51b
Debt
| Interest coverage ratio | -164.2x |
| Cash | JP¥6.38b |
| Equity | JP¥26.30b |
| Total liabilities | JP¥17.15b |
| Total assets | JP¥43.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6393's short term assets (¥28.1B) exceed its short term liabilities (¥11.2B).
Long Term Liabilities: 6393's short term assets (¥28.1B) exceed its long term liabilities (¥6.0B).
Debt to Equity History and Analysis
Debt Level: 6393's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 6393's debt to equity ratio has reduced from 37.7% to 24.7% over the past 5 years.
Debt Coverage: 6393's debt is well covered by operating cash flow (45%).
Interest Coverage: 6393 earns more interest than it pays, so coverage of interest payments is not a concern.