Kuroda Precision Industries Balance Sheet Health
Financial Health criteria checks 4/6
Kuroda Precision Industries has a total shareholder equity of ¥11.3B and total debt of ¥6.3B, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are ¥26.7B and ¥15.4B respectively. Kuroda Precision Industries's EBIT is ¥872.0M making its interest coverage ratio 33.5. It has cash and short-term investments of ¥3.1B.
Key information
55.9%
Debt to equity ratio
JP¥6.34b
Debt
Interest coverage ratio | 33.5x |
Cash | JP¥3.14b |
Equity | JP¥11.34b |
Total liabilities | JP¥15.39b |
Total assets | JP¥26.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7726's short term assets (¥14.7B) exceed its short term liabilities (¥9.3B).
Long Term Liabilities: 7726's short term assets (¥14.7B) exceed its long term liabilities (¥6.1B).
Debt to Equity History and Analysis
Debt Level: 7726's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: 7726's debt to equity ratio has increased from 40% to 55.9% over the past 5 years.
Debt Coverage: 7726's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 7726's interest payments on its debt are well covered by EBIT (33.5x coverage).