Kyoei Steel Balance Sheet Health
Financial Health criteria checks 5/6
Kyoei Steel has a total shareholder equity of ¥206.9B and total debt of ¥91.1B, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are ¥348.0B and ¥141.1B respectively. Kyoei Steel's EBIT is ¥17.0B making its interest coverage ratio 10.9. It has cash and short-term investments of ¥55.0B.
Key information
44.0%
Debt to equity ratio
JP¥91.10b
Debt
| Interest coverage ratio | 10.9x |
| Cash | JP¥55.05b |
| Equity | JP¥206.94b |
| Total liabilities | JP¥141.05b |
| Total assets | JP¥347.99b |
Recent financial health updates
Recent updates
The Kyoei Steel Ltd. (TSE:5440) Half-Year Results Are Out And Analysts Have Published New Forecasts
Nov 15
Some Investors May Be Willing To Look Past Kyoei Steel's (TSE:5440) Soft Earnings
Nov 07Kyoei Steel Ltd.'s (TSE:5440) 29% Dip In Price Shows Sentiment Is Matching Earnings
Aug 06Does Kyoei Steel (TSE:5440) Have A Healthy Balance Sheet?
Aug 02Kyoei Steel's (TSE:5440) Earnings Offer More Than Meets The Eye
May 07Kyoei Steel Ltd. (TSE:5440) Just Released Its Yearly Earnings: Here's What Analysts Think
May 03Financial Position Analysis
Short Term Liabilities: 5440's short term assets (¥208.3B) exceed its short term liabilities (¥97.8B).
Long Term Liabilities: 5440's short term assets (¥208.3B) exceed its long term liabilities (¥43.3B).
Debt to Equity History and Analysis
Debt Level: 5440's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: 5440's debt to equity ratio has increased from 39.4% to 44% over the past 5 years.
Debt Coverage: 5440's debt is well covered by operating cash flow (33.4%).
Interest Coverage: 5440's interest payments on its debt are well covered by EBIT (10.9x coverage).