Kokuyo Balance Sheet Health
Financial Health criteria checks 6/6
Kokuyo has a total shareholder equity of ¥265.3B and total debt of ¥10.6B, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ¥381.3B and ¥116.1B respectively. Kokuyo's EBIT is ¥24.7B making its interest coverage ratio -31. It has cash and short-term investments of ¥118.5B.
Key information
4.0%
Debt to equity ratio
JP¥10.63b
Debt
| Interest coverage ratio | -31x |
| Cash | JP¥118.55b |
| Equity | JP¥265.28b |
| Total liabilities | JP¥116.06b |
| Total assets | JP¥381.33b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7984's short term assets (¥252.8B) exceed its short term liabilities (¥101.6B).
Long Term Liabilities: 7984's short term assets (¥252.8B) exceed its long term liabilities (¥14.4B).
Debt to Equity History and Analysis
Debt Level: 7984 has more cash than its total debt.
Reducing Debt: 7984's debt to equity ratio has reduced from 6.8% to 4% over the past 5 years.
Debt Coverage: 7984's debt is well covered by operating cash flow (315.8%).
Interest Coverage: 7984 earns more interest than it pays, so coverage of interest payments is not a concern.