ktk Balance Sheet Health
Financial Health criteria checks 5/6
ktk has a total shareholder equity of ¥4.0B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are ¥9.2B and ¥5.1B respectively. ktk's EBIT is ¥317.0M making its interest coverage ratio -15.1. It has cash and short-term investments of ¥2.7B.
Key information
37.1%
Debt to equity ratio
JP¥1.50b
Debt
| Interest coverage ratio | -15.1x |
| Cash | JP¥2.69b |
| Equity | JP¥4.03b |
| Total liabilities | JP¥5.12b |
| Total assets | JP¥9.15b |
Recent financial health updates
Does ktk (TYO:3035) Have A Healthy Balance Sheet?
Feb 21
These 4 Measures Indicate That ktk (TYO:3035) Is Using Debt Safely
Nov 18Recent updates
Earnings Troubles May Signal Larger Issues for ktk (TSE:3035) Shareholders
Apr 10ktk Inc. (TYO:3035) Has Got What It Takes To Be An Attractive Dividend Stock
Apr 26Returns On Capital - An Important Metric For ktk (TYO:3035)
Mar 20Does ktk (TYO:3035) Have A Healthy Balance Sheet?
Feb 21What Makes ktk Inc. (TYO:3035) A Great Dividend Stock?
Jan 26
Will The ROCE Trend At ktk (TYO:3035) Continue?
Dec 09These 4 Measures Indicate That ktk (TYO:3035) Is Using Debt Safely
Nov 18Financial Position Analysis
Short Term Liabilities: 3035's short term assets (¥6.1B) exceed its short term liabilities (¥4.7B).
Long Term Liabilities: 3035's short term assets (¥6.1B) exceed its long term liabilities (¥447.0M).
Debt to Equity History and Analysis
Debt Level: 3035 has more cash than its total debt.
Reducing Debt: 3035's debt to equity ratio has reduced from 48% to 37.1% over the past 5 years.
Debt Coverage: 3035's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 3035 earns more interest than it pays, so coverage of interest payments is not a concern.