CKD Balance Sheet Health
Financial Health criteria checks 6/6
CKD has a total shareholder equity of ¥123.2B and total debt of ¥36.3B, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are ¥201.3B and ¥78.2B respectively. CKD's EBIT is ¥14.6B making its interest coverage ratio 102.2. It has cash and short-term investments of ¥30.8B.
Key information
29.5%
Debt to equity ratio
JP¥36.28b
Debt
Interest coverage ratio | 102.2x |
Cash | JP¥30.80b |
Equity | JP¥123.16b |
Total liabilities | JP¥78.19b |
Total assets | JP¥201.35b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6407's short term assets (¥126.9B) exceed its short term liabilities (¥42.9B).
Long Term Liabilities: 6407's short term assets (¥126.9B) exceed its long term liabilities (¥35.2B).
Debt to Equity History and Analysis
Debt Level: 6407's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: 6407's debt to equity ratio has reduced from 33.7% to 29.5% over the past 5 years.
Debt Coverage: 6407's debt is well covered by operating cash flow (23%).
Interest Coverage: 6407's interest payments on its debt are well covered by EBIT (102.2x coverage).