Kyokuto Kaihatsu KogyoLtd Balance Sheet Health
Financial Health criteria checks 4/6
Kyokuto Kaihatsu KogyoLtd has a total shareholder equity of ¥116.6B and total debt of ¥18.6B, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are ¥168.2B and ¥51.6B respectively. Kyokuto Kaihatsu KogyoLtd's EBIT is ¥5.8B making its interest coverage ratio -16.5. It has cash and short-term investments of ¥21.7B.
Key information
15.9%
Debt to equity ratio
JP¥18.58b
Debt
Interest coverage ratio | -16.5x |
Cash | JP¥21.69b |
Equity | JP¥116.55b |
Total liabilities | JP¥51.61b |
Total assets | JP¥168.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7226's short term assets (¥87.7B) exceed its short term liabilities (¥33.3B).
Long Term Liabilities: 7226's short term assets (¥87.7B) exceed its long term liabilities (¥18.3B).
Debt to Equity History and Analysis
Debt Level: 7226 has more cash than its total debt.
Reducing Debt: 7226's debt to equity ratio has increased from 4.9% to 15.9% over the past 5 years.
Debt Coverage: 7226's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7226 earns more interest than it pays, so coverage of interest payments is not a concern.