CKD Balance Sheet Health
Financial Health criteria checks 6/6
CKD has a total shareholder equity of ¥129.1B and total debt of ¥36.3B, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are ¥208.3B and ¥79.2B respectively. CKD's EBIT is ¥13.1B making its interest coverage ratio 62.2. It has cash and short-term investments of ¥28.3B.
Key information
28.1%
Debt to equity ratio
JP¥36.34b
Debt
Interest coverage ratio | 62.2x |
Cash | JP¥28.30b |
Equity | JP¥129.10b |
Total liabilities | JP¥79.19b |
Total assets | JP¥208.29b |
Recent financial health updates
Recent updates
CKD (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 (¥124.3B) exceed its short term liabilities (¥43.0B).
Long Term Liabilities: 6407's short term assets (¥124.3B) exceed its long term liabilities (¥36.2B).
Debt to Equity History and Analysis
Debt Level: 6407's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 6407's debt to equity ratio has reduced from 35.6% to 28.1% over the past 5 years.
Debt Coverage: 6407's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 6407's interest payments on its debt are well covered by EBIT (62.2x coverage).