Kinki Sharyo Balance Sheet Health
Financial Health criteria checks 6/6
Kinki Sharyo has a total shareholder equity of ¥32.5B and total debt of ¥3.5B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ¥59.6B and ¥27.1B respectively. Kinki Sharyo's EBIT is ¥4.3B making its interest coverage ratio -22.7. It has cash and short-term investments of ¥11.7B.
Key information
10.8%
Debt to equity ratio
JP¥3.50b
Debt
Interest coverage ratio | -22.7x |
Cash | JP¥11.73b |
Equity | JP¥32.50b |
Total liabilities | JP¥27.06b |
Total assets | JP¥59.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7122's short term assets (¥40.4B) exceed its short term liabilities (¥20.8B).
Long Term Liabilities: 7122's short term assets (¥40.4B) exceed its long term liabilities (¥6.2B).
Debt to Equity History and Analysis
Debt Level: 7122 has more cash than its total debt.
Reducing Debt: 7122's debt to equity ratio has reduced from 146.4% to 10.8% over the past 5 years.
Debt Coverage: 7122's debt is well covered by operating cash flow (255.2%).
Interest Coverage: 7122 earns more interest than it pays, so coverage of interest payments is not a concern.