Kobe Steel Balance Sheet Health
Financial Health criteria checks 4/6
Kobe Steel has a total shareholder equity of ¥1,179.3B and total debt of ¥792.9B, which brings its debt-to-equity ratio to 67.2%. Its total assets and total liabilities are ¥2,847.3B and ¥1,668.0B respectively. Kobe Steel's EBIT is ¥172.2B making its interest coverage ratio 27.2. It has cash and short-term investments of ¥195.6B.
Key information
67.2%
Debt to equity ratio
JP¥792.86b
Debt
| Interest coverage ratio | 27.2x |
| Cash | JP¥195.58b |
| Equity | JP¥1.18t |
| Total liabilities | JP¥1.67t |
| Total assets | JP¥2.85t |
Recent financial health updates
Does Kobe Steel (TSE:5406) Have A Healthy Balance Sheet?
Aug 08
These 4 Measures Indicate That Kobe Steel (TSE:5406) Is Using Debt Extensively
Apr 16Recent updates
Kobe Steel (TSE:5406) Has Affirmed Its Dividend Of ¥45.00
Dec 18Kobe Steel (TSE:5406) Is Due To Pay A Dividend Of ¥45.00
Dec 04There May Be Reason For Hope In Kobe Steel's (TSE:5406) Disappointing Earnings
Nov 14Investors Don't See Light At End Of Kobe Steel, Ltd.'s (TSE:5406) Tunnel
Nov 04Are Investors Undervaluing Kobe Steel, Ltd. (TSE:5406) By 34%?
Sep 19Kobe Steel (TSE:5406) Is Experiencing Growth In Returns On Capital
Aug 29Does Kobe Steel (TSE:5406) Have A Healthy Balance Sheet?
Aug 08Benign Growth For Kobe Steel, Ltd. (TSE:5406) Underpins Its Share Price
Jul 17Kobe Steel (TSE:5406) Shareholders Will Want The ROCE Trajectory To Continue
May 30A Look At The Intrinsic Value Of Kobe Steel, Ltd. (TSE:5406)
May 07These 4 Measures Indicate That Kobe Steel (TSE:5406) Is Using Debt Extensively
Apr 16Kobe Steel's (TSE:5406) Dividend Will Be ¥45.00
Mar 18Kobe Steel's (TSE:5406) Dividend Will Be ¥45.00
Feb 26Financial Position Analysis
Short Term Liabilities: 5406's short term assets (¥1,411.5B) exceed its short term liabilities (¥910.5B).
Long Term Liabilities: 5406's short term assets (¥1,411.5B) exceed its long term liabilities (¥757.5B).
Debt to Equity History and Analysis
Debt Level: 5406's net debt to equity ratio (50.6%) is considered high.
Reducing Debt: 5406's debt to equity ratio has reduced from 100.7% to 67.2% over the past 5 years.
Debt Coverage: 5406's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: 5406's interest payments on its debt are well covered by EBIT (27.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 14:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kobe Steel, Ltd. is covered by 26 analysts. 5 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 |
|---|---|
| Toshiyuki Johno | BNP Paribas Securities (Asia) |
| Takashi Enomoto | BofA Global Research |
| Toshiyuki Johno | Citigroup Global Markets Japan Inc. |