Kanto Denka Kogyo Balance Sheet Health
Financial Health criteria checks 5/6
Kanto Denka Kogyo has a total shareholder equity of ¥67.5B and total debt of ¥36.1B, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are ¥121.7B and ¥54.2B respectively. Kanto Denka Kogyo's EBIT is ¥181.0M making its interest coverage ratio 8.6. It has cash and short-term investments of ¥19.4B.
Key information
53.5%
Debt to equity ratio
JP¥36.11b
Debt
| Interest coverage ratio | 8.6x |
| Cash | JP¥19.44b |
| Equity | JP¥67.51b |
| Total liabilities | JP¥54.23b |
| Total assets | JP¥121.74b |
Recent financial health updates
No updates
Recent updates
Kanto Denka Kogyo Co., Ltd. (TSE:4047) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Nov 12
Kanto Denka Kogyo's (TSE:4047) Upcoming Dividend Will Be Larger Than Last Year's
Aug 28Kanto Denka Kogyo (TSE:4047) Has Announced That It Will Be Increasing Its Dividend To ¥8.00
Aug 13Kanto Denka Kogyo (TSE:4047) Is Paying Out A Larger Dividend Than Last Year
Jul 26Kanto Denka Kogyo's (TSE:4047) Upcoming Dividend Will Be Larger Than Last Year's
Jul 11Kanto Denka Kogyo (TSE:4047) Could Be Struggling To Allocate Capital
Mar 06Financial Position Analysis
Short Term Liabilities: 4047's short term assets (¥56.4B) exceed its short term liabilities (¥29.4B).
Long Term Liabilities: 4047's short term assets (¥56.4B) exceed its long term liabilities (¥24.8B).
Debt to Equity History and Analysis
Debt Level: 4047's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 4047's debt to equity ratio has increased from 43.4% to 53.5% over the past 5 years.
Debt Coverage: 4047's debt is well covered by operating cash flow (29.5%).
Interest Coverage: 4047's interest payments on its debt are well covered by EBIT (8.6x coverage).