Kyoei Tanker Balance Sheet Health
Financial Health criteria checks 1/6
Kyoei Tanker has a total shareholder equity of ¥19.3B and total debt of ¥45.2B, which brings its debt-to-equity ratio to 234.8%. Its total assets and total liabilities are ¥70.1B and ¥50.9B respectively.
Key information
234.8%
Debt to equity ratio
JP¥45.19b
Debt
Interest coverage ratio | n/a |
Cash | JP¥4.01b |
Equity | JP¥19.25b |
Total liabilities | JP¥50.86b |
Total assets | JP¥70.11b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9130's short term assets (¥6.3B) do not cover its short term liabilities (¥10.1B).
Long Term Liabilities: 9130's short term assets (¥6.3B) do not cover its long term liabilities (¥40.7B).
Debt to Equity History and Analysis
Debt Level: 9130's net debt to equity ratio (213.9%) is considered high.
Reducing Debt: 9130's debt to equity ratio has reduced from 396.2% to 234.8% over the past 5 years.
Debt Coverage: 9130's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: Insufficient data to determine if 9130's interest payments on its debt are well covered by EBIT.