KeePer Technical Laboratory Balance Sheet Health
Financial Health criteria checks 6/6
KeePer Technical Laboratory has a total shareholder equity of ¥13.0B and total debt of ¥124.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ¥17.3B and ¥4.2B respectively. KeePer Technical Laboratory's EBIT is ¥5.8B making its interest coverage ratio -2916. It has cash and short-term investments of ¥4.3B.
Key information
1.0%
Debt to equity ratio
JP¥124.00m
Debt
Interest coverage ratio | -2916x |
Cash | JP¥4.34b |
Equity | JP¥13.02b |
Total liabilities | JP¥4.25b |
Total assets | JP¥17.27b |
Financial Position Analysis
Short Term Liabilities: 6036's short term assets (¥7.6B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: 6036's short term assets (¥7.6B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 6036 has more cash than its total debt.
Reducing Debt: 6036's debt to equity ratio has reduced from 21.9% to 1% over the past 5 years.
Debt Coverage: 6036's debt is well covered by operating cash flow (3713.7%).
Interest Coverage: 6036 earns more interest than it pays, so coverage of interest payments is not a concern.