Kyoritsu Maintenance Balance Sheet Health
Financial Health criteria checks 2/6
Kyoritsu Maintenance has a total shareholder equity of ¥81.7B and total debt of ¥141.8B, which brings its debt-to-equity ratio to 173.6%. Its total assets and total liabilities are ¥262.8B and ¥181.1B respectively. Kyoritsu Maintenance's EBIT is ¥14.1B making its interest coverage ratio 37.4. It has cash and short-term investments of ¥38.9B.
Key information
173.6%
Debt to equity ratio
JP¥141.81b
Debt
| Interest coverage ratio | 37.4x |
| Cash | JP¥38.93b |
| Equity | JP¥81.69b |
| Total liabilities | JP¥181.14b |
| Total assets | JP¥262.83b |
Recent financial health updates
Recent updates
Kyoritsu Maintenance (TSE:9616) Has Announced That It Will Be Increasing Its Dividend To ¥28.00
Mar 27
Getting In Cheap On Kyoritsu Maintenance Co., Ltd. (TSE:9616) Might Be Difficult
Mar 22Kyoritsu Maintenance (TSE:9616) Is Paying Out A Larger Dividend Than Last Year
Mar 04We Think Kyoritsu Maintenance (TSE:9616) Can Stay On Top Of Its Debt
Mar 02Financial Position Analysis
Short Term Liabilities: 9616's short term assets (¥84.4B) exceed its short term liabilities (¥63.9B).
Long Term Liabilities: 9616's short term assets (¥84.4B) do not cover its long term liabilities (¥117.3B).
Debt to Equity History and Analysis
Debt Level: 9616's net debt to equity ratio (125.9%) is considered high.
Reducing Debt: 9616's debt to equity ratio has increased from 101.6% to 173.6% over the past 5 years.
Debt Coverage: 9616's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: 9616's interest payments on its debt are well covered by EBIT (37.4x coverage).