Krosaki Harima Balance Sheet Health
Financial Health criteria checks 6/6
Krosaki Harima has a total shareholder equity of ¥95.2B and total debt of ¥39.3B, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are ¥180.2B and ¥85.0B respectively. Krosaki Harima's EBIT is ¥13.7B making its interest coverage ratio 58.5. It has cash and short-term investments of ¥7.9B.
Key information
41.2%
Debt to equity ratio
JP¥39.26b
Debt
| Interest coverage ratio | 58.5x |
| Cash | JP¥7.89b |
| Equity | JP¥95.24b |
| Total liabilities | JP¥85.00b |
| Total assets | JP¥180.24b |
Recent financial health updates
No updates
Recent updates
Investors Aren't Buying Krosaki Harima Corporation's (TSE:5352) Earnings
Aug 02
Krosaki Harima's (TSE:5352) Solid Profits Have Weak Fundamentals
May 21Should You Think About Buying Krosaki Harima Corporation (TSE:5352) Now?
Apr 22Krosaki Harima (TSE:5352) Will Pay A Larger Dividend Than Last Year At ¥240.00
Mar 11Krosaki Harima Corporation (TSE:5352) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Feb 27Financial Position Analysis
Short Term Liabilities: 5352's short term assets (¥118.7B) exceed its short term liabilities (¥52.4B).
Long Term Liabilities: 5352's short term assets (¥118.7B) exceed its long term liabilities (¥32.6B).
Debt to Equity History and Analysis
Debt Level: 5352's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: 5352's debt to equity ratio has reduced from 60.7% to 41.2% over the past 5 years.
Debt Coverage: 5352's debt is well covered by operating cash flow (35%).
Interest Coverage: 5352's interest payments on its debt are well covered by EBIT (58.5x coverage).