Kurabo Industries Balance Sheet Health
Financial Health criteria checks 6/6
Kurabo Industries has a total shareholder equity of ¥118.1B and total debt of ¥11.6B, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are ¥192.8B and ¥74.7B respectively. Kurabo Industries's EBIT is ¥9.2B making its interest coverage ratio -8.6. It has cash and short-term investments of ¥16.2B.
Key information
9.9%
Debt to equity ratio
JP¥11.64b
Debt
| Interest coverage ratio | -8.6x |
| Cash | JP¥16.16b |
| Equity | JP¥118.07b |
| Total liabilities | JP¥74.72b |
| Total assets | JP¥192.79b |
Recent financial health updates
Recent updates
Not Many Are Piling Into Kurabo Industries Ltd. (TSE:3106) Stock Yet As It Plummets 26%
Aug 05
Kurabo Industries (TSE:3106) Has A Pretty Healthy Balance Sheet
Jun 14Investors Aren't Entirely Convinced By Kurabo Industries Ltd.'s (TSE:3106) Earnings
May 13Kurabo Industries (TSE:3106) Has Announced A Dividend Of ¥40.00
Mar 02Financial Position Analysis
Short Term Liabilities: 3106's short term assets (¥89.3B) exceed its short term liabilities (¥44.1B).
Long Term Liabilities: 3106's short term assets (¥89.3B) exceed its long term liabilities (¥30.7B).
Debt to Equity History and Analysis
Debt Level: 3106 has more cash than its total debt.
Reducing Debt: 3106's debt to equity ratio has reduced from 20.3% to 9.9% over the past 5 years.
Debt Coverage: 3106's debt is well covered by operating cash flow (110.5%).
Interest Coverage: 3106 earns more interest than it pays, so coverage of interest payments is not a concern.