CKD Corporation

TSE:6407 Stock Report

Market Cap: JP¥170.3b

CKD Balance Sheet Health

Financial Health criteria checks 6/6

CKD has a total shareholder equity of ¥131.5B and total debt of ¥35.2B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are ¥209.1B and ¥77.6B respectively. CKD's EBIT is ¥16.2B making its interest coverage ratio 70.8. It has cash and short-term investments of ¥28.1B.

Key information

26.8%

Debt to equity ratio

JP¥35.22b

Debt

Interest coverage ratio70.8x
CashJP¥28.12b
EquityJP¥131.46b
Total liabilitiesJP¥77.61b
Total assetsJP¥209.08b

Recent financial health updates

Is CKD (TSE:6407) Using Too Much Debt?

Oct 29
Is CKD (TSE:6407) Using Too Much Debt?

Here's Why CKD (TSE:6407) Has A Meaningful Debt Burden

Apr 12
Here's Why CKD (TSE:6407) Has A Meaningful Debt Burden

Recent updates

CKD (TSE:6407) Will Pay A Larger Dividend Than Last Year At ¥41.00

Dec 24
CKD (TSE:6407) Will Pay A Larger Dividend Than Last Year At ¥41.00

CKD's (TSE:6407) Upcoming Dividend Will Be Larger Than Last Year's

Dec 10
CKD's (TSE:6407) Upcoming Dividend Will Be Larger Than Last Year's

CKD Corporation (TSE:6407) Just Released Its Half-Year Results And Analysts Are Updating Their Estimates

Nov 17
CKD Corporation (TSE:6407) Just Released Its Half-Year Results And Analysts Are Updating Their Estimates

CKD Corporation (TSE:6407) Shares Could Be 26% Below Their Intrinsic Value Estimate

Nov 14
CKD Corporation (TSE:6407) Shares Could Be 26% Below Their Intrinsic Value Estimate

Is CKD (TSE:6407) Using Too Much Debt?

Oct 29
Is CKD (TSE:6407) Using Too Much Debt?

CKD (TSE:6407) Is Experiencing Growth In Returns On Capital

Sep 14
CKD (TSE:6407) Is Experiencing Growth In Returns On Capital

CKD (TSE:6407) Will Pay A Larger Dividend Than Last Year At ¥30.00

Aug 30
CKD (TSE:6407) Will Pay A Larger Dividend Than Last Year At ¥30.00

CKD's (TSE:6407) Upcoming Dividend Will Be Larger Than Last Year's

Aug 16
CKD's (TSE:6407) Upcoming Dividend Will Be Larger Than Last Year's

CKD Corporation (TSE:6407) Stocks Pounded By 35% But Not Lagging Market On Growth Or Pricing

Aug 05
CKD Corporation (TSE:6407) Stocks Pounded By 35% But Not Lagging Market On Growth Or Pricing

CKD (TSE:6407) Has Announced That It Will Be Increasing Its Dividend To ¥30.00

Jul 26
CKD (TSE:6407) Has Announced That It Will Be Increasing Its Dividend To ¥30.00

A Look At The Fair Value Of CKD Corporation (TSE:6407)

Jul 25
A Look At The Fair Value Of CKD Corporation (TSE:6407)

CKD (TSE:6407) Is Increasing Its Dividend To ¥30.00

Jul 11
CKD (TSE:6407) Is Increasing Its Dividend To ¥30.00

CKD's (TSE:6407) Returns On Capital Are Heading Higher

Jun 12
CKD's (TSE:6407) Returns On Capital Are Heading Higher

Getting In Cheap On CKD Corporation (TSE:6407) Might Be Difficult

May 26
Getting In Cheap On CKD Corporation (TSE:6407) Might Be Difficult

Here's Why CKD (TSE:6407) Has A Meaningful Debt Burden

Apr 12
Here's Why CKD (TSE:6407) Has A Meaningful Debt Burden

CKD (TSE:6407) Has Some Way To Go To Become A Multi-Bagger

Mar 12
CKD (TSE:6407) Has Some Way To Go To Become A Multi-Bagger

CKD Corporation's (TSE:6407) Share Price Matching Investor Opinion

Feb 26
CKD Corporation's (TSE:6407) Share Price Matching Investor Opinion

Financial Position Analysis

Short Term Liabilities: 6407's short term assets (¥127.9B) exceed its short term liabilities (¥43.1B).

Long Term Liabilities: 6407's short term assets (¥127.9B) exceed its long term liabilities (¥34.5B).

Debt to Equity History and Analysis

Debt Level: 6407's net debt to equity ratio (5.4%) is considered satisfactory.

Reducing Debt: 6407's debt to equity ratio has reduced from 34.2% to 26.8% over the past 5 years.

Debt Coverage: 6407's debt is well covered by operating cash flow (30.4%).

Interest Coverage: 6407's interest payments on its debt are well covered by EBIT (70.8x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 01:42
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

CKD Corporation is covered by 20 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kenjin HottaBofA Global Research
Yoshiyasu TakemuraCredit Suisse
Hirosuke TaiDaiwa Securities Co. Ltd.