Kobelco Wire Company Balance Sheet Health
Financial Health criteria checks 5/6
Kobelco Wire Company has a total shareholder equity of ¥23.1B and total debt of ¥11.0B, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are ¥44.1B and ¥21.0B respectively. Kobelco Wire Company's EBIT is ¥1.1B making its interest coverage ratio -27.1. It has cash and short-term investments of ¥2.9B.
Key information
47.7%
Debt to equity ratio
JP¥11.02b
Debt
| Interest coverage ratio | -27.1x |
| Cash | JP¥2.88b |
| Equity | JP¥23.07b |
| Total liabilities | JP¥21.05b |
| Total assets | JP¥44.12b |
Recent financial health updates
No updates
Recent updates
There May Be Underlying Issues With The Quality Of Kobelco Wire Company's (TSE:5660) Earnings
Nov 19
There's Been No Shortage Of Growth Recently For Kobelco Wire Company's (TSE:5660) Returns On Capital
Aug 06Additional Considerations Required While Assessing Kobelco Wire Company's (TSE:5660) Strong Earnings
May 21Kobelco Wire Company, Ltd.'s (TSE:5660) Prospects Need A Boost To Lift Shares
Feb 26Financial Position Analysis
Short Term Liabilities: 5660's short term assets (¥24.7B) exceed its short term liabilities (¥11.3B).
Long Term Liabilities: 5660's short term assets (¥24.7B) exceed its long term liabilities (¥9.7B).
Debt to Equity History and Analysis
Debt Level: 5660's net debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: 5660's debt to equity ratio has reduced from 53.6% to 47.7% over the past 5 years.
Debt Coverage: 5660's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: 5660 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 08:55 |
| End of Day Share Price | 2025/01/31 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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Kobelco Wire Company, Ltd. is covered by 1 analysts. 0 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 |
|---|---|
| Yoshiyuki Takano | Tokai Tokyo Intelligence Laboratory Co., Ltd. |