Kyokuto Securities Balance Sheet Health
Financial Health criteria checks 4/6
Kyokuto Securities has a total shareholder equity of ¥53.7B and total debt of ¥10.3B, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are ¥83.5B and ¥29.9B respectively.
Key information
19.1%
Debt to equity ratio
JP¥10.27b
Debt
Interest coverage ratio | n/a |
Cash | JP¥42.85b |
Equity | JP¥53.67b |
Total liabilities | JP¥29.86b |
Total assets | JP¥83.53b |
Financial Position Analysis
Short Term Liabilities: 8706's short term assets (¥48.2B) exceed its short term liabilities (¥26.7B).
Long Term Liabilities: 8706's short term assets (¥48.2B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 8706 has more cash than its total debt.
Reducing Debt: 8706's debt to equity ratio has reduced from 22.6% to 19.1% over the past 5 years.
Debt Coverage: 8706's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 8706's interest payments on its debt are well covered by EBIT.