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 ratio | 70.8x |
| Cash | JP¥28.12b |
| Equity | JP¥131.46b |
| Total liabilities | JP¥77.61b |
| Total assets | JP¥209.08b |
Recent financial health updates
Is CKD (TSE:6407) Using Too Much Debt?
Oct 29
Here's Why CKD (TSE:6407) Has A Meaningful Debt Burden
Apr 12Recent updates
CKD Corporation (TSE:6407) Just Released Its Half-Year Results And Analysts Are Updating Their Estimates
Nov 17CKD Corporation (TSE:6407) Shares Could Be 26% Below Their Intrinsic Value Estimate
Nov 14Is CKD (TSE:6407) Using Too Much Debt?
Oct 29CKD (TSE:6407) Is Experiencing Growth In Returns On Capital
Sep 14CKD (TSE:6407) Will Pay A Larger Dividend Than Last Year At ¥30.00
Aug 30CKD's (TSE:6407) Upcoming Dividend Will Be Larger Than Last Year's
Aug 16CKD Corporation (TSE:6407) Stocks Pounded By 35% But Not Lagging Market On Growth Or Pricing
Aug 05CKD (TSE:6407) Has Announced That It Will Be Increasing Its Dividend To ¥30.00
Jul 26A Look At The Fair Value Of CKD Corporation (TSE:6407)
Jul 25CKD (TSE:6407) Is Increasing Its Dividend To ¥30.00
Jul 11CKD's (TSE:6407) Returns On Capital Are Heading Higher
Jun 12Getting In Cheap On CKD Corporation (TSE:6407) Might Be Difficult
May 26Here's Why CKD (TSE:6407) Has A Meaningful Debt Burden
Apr 12CKD (TSE:6407) Has Some Way To Go To Become A Multi-Bagger
Mar 12CKD Corporation's (TSE:6407) Share Price Matching Investor Opinion
Feb 26Financial 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).