POVAL KOGYO Balance Sheet Health
Financial Health criteria checks 6/6
POVAL KOGYO has a total shareholder equity of ¥5.7B and total debt of ¥20.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥6.8B and ¥1.1B respectively. POVAL KOGYO's EBIT is ¥248.0M making its interest coverage ratio -10.8. It has cash and short-term investments of ¥773.0M.
Key information
0.3%
Debt to equity ratio
JP¥20.00m
Debt
| Interest coverage ratio | -10.8x |
| Cash | JP¥773.00m |
| Equity | JP¥5.75b |
| Total liabilities | JP¥1.10b |
| Total assets | JP¥6.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4247's short term assets (¥2.7B) exceed its short term liabilities (¥598.0M).
Long Term Liabilities: 4247's short term assets (¥2.7B) exceed its long term liabilities (¥498.0M).
Debt to Equity History and Analysis
Debt Level: 4247 has more cash than its total debt.
Reducing Debt: 4247's debt to equity ratio has reduced from 0.4% to 0.3% over the past 5 years.
Debt Coverage: 4247's debt is well covered by operating cash flow (2465%).
Interest Coverage: 4247 earns more interest than it pays, so coverage of interest payments is not a concern.