Kurotani Balance Sheet Health
Financial Health criteria checks 3/6
Kurotani has a total shareholder equity of ¥9.5B and total debt of ¥12.8B, which brings its debt-to-equity ratio to 134.9%. Its total assets and total liabilities are ¥26.6B and ¥17.1B respectively. Kurotani's EBIT is ¥1.5B making its interest coverage ratio 19.3. It has cash and short-term investments of ¥1.5B.
Key information
134.9%
Debt to equity ratio
JP¥12.79b
Debt
| Interest coverage ratio | 19.3x |
| Cash | JP¥1.53b |
| Equity | JP¥9.48b |
| Total liabilities | JP¥17.13b |
| Total assets | JP¥26.61b |
Recent financial health updates
No updates
Recent updates
Kurotani (TSE:3168) Has Affirmed Its Dividend Of ¥10.00
Dec 19
Kurotani (TSE:3168) Might Have The Makings Of A Multi-Bagger
Aug 07Kurotani (TSE:3168) Has Announced A Dividend Of ¥10.00
Jul 12Kurotani (TSE:3168) Has Announced A Dividend Of ¥10.00
Jun 19Kurotani (TSE:3168) Has Affirmed Its Dividend Of ¥10.00
Apr 29Kurotani's (TSE:3168) Dividend Will Be ¥10.00
Apr 15Financial Position Analysis
Short Term Liabilities: 3168's short term assets (¥23.4B) exceed its short term liabilities (¥14.9B).
Long Term Liabilities: 3168's short term assets (¥23.4B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 3168's net debt to equity ratio (118.7%) is considered high.
Reducing Debt: 3168's debt to equity ratio has increased from 116.1% to 134.9% over the past 5 years.
Debt Coverage: 3168's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: 3168's interest payments on its debt are well covered by EBIT (19.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 15:42 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/08/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Kurotani Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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