Kyoei Steel Balance Sheet Health
Financial Health criteria checks 5/6
Kyoei Steel has a total shareholder equity of ¥201.4B and total debt of ¥92.7B, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are ¥354.2B and ¥152.8B respectively. Kyoei Steel's EBIT is ¥21.1B making its interest coverage ratio 10.1. It has cash and short-term investments of ¥57.6B.
Key information
46.0%
Debt to equity ratio
JP¥92.74b
Debt
Interest coverage ratio | 10.1x |
Cash | JP¥57.64b |
Equity | JP¥201.43b |
Total liabilities | JP¥152.79b |
Total assets | JP¥354.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5440's short term assets (¥220.9B) exceed its short term liabilities (¥107.9B).
Long Term Liabilities: 5440's short term assets (¥220.9B) exceed its long term liabilities (¥44.9B).
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 44.7% to 46% over the past 5 years.
Debt Coverage: 5440's debt is well covered by operating cash flow (26.2%).
Interest Coverage: 5440's interest payments on its debt are well covered by EBIT (10.1x coverage).