Koken Balance Sheet Health
Financial Health criteria checks 5/6
Koken has a total shareholder equity of ¥12.4B and total debt of ¥6.0B, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are ¥20.8B and ¥8.5B respectively. Koken's EBIT is ¥1.0B making its interest coverage ratio 24.6. It has cash and short-term investments of ¥3.0B.
Key information
48.5%
Debt to equity ratio
JP¥5.99b
Debt
| Interest coverage ratio | 24.6x |
| Cash | JP¥2.98b |
| Equity | JP¥12.35b |
| Total liabilities | JP¥8.47b |
| Total assets | JP¥20.82b |
Recent financial health updates
Recent updates
Does Koken (TYO:7963) Deserve A Spot On Your Watchlist?
Apr 14
Is Koken Ltd. (TYO:7963) A Smart Pick For Income Investors?
Mar 26Can You Imagine How Koken's (TYO:7963) Shareholders Feel About The 20% Share Price Increase?
Mar 09Koken Ltd.'s (TYO:7963) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Feb 22We Like These Underlying Trends At Koken (TYO:7963)
Feb 03Is Koken Ltd.'s (TYO:7963) Shareholder Ownership Skewed Towards Insiders?
Jan 21Here's Why We Think Koken (TYO:7963) Is Well Worth Watching
Jan 07How Does Koken Ltd. (TYO:7963) Fare As A Dividend Stock?
Dec 23
These 4 Measures Indicate That Koken (TYO:7963) Is Using Debt Reasonably Well
Dec 09Koken Ltd.'s (TYO:7963) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Nov 18Financial Position Analysis
Short Term Liabilities: 7963's short term assets (¥9.8B) exceed its short term liabilities (¥4.3B).
Long Term Liabilities: 7963's short term assets (¥9.8B) exceed its long term liabilities (¥4.1B).
Debt to Equity History and Analysis
Debt Level: 7963's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: 7963's debt to equity ratio has reduced from 75.2% to 48.5% over the past 5 years.
Debt Coverage: 7963's debt is not well covered by operating cash flow (18%).
Interest Coverage: 7963's interest payments on its debt are well covered by EBIT (24.6x coverage).