Kohoku KogyoLTD Balance Sheet Health
Financial Health criteria checks 5/6
Kohoku KogyoLTD has a total shareholder equity of ¥20.1B and total debt of ¥921.0M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are ¥25.0B and ¥4.9B respectively. Kohoku KogyoLTD's EBIT is ¥2.8B making its interest coverage ratio -281.3. It has cash and short-term investments of ¥10.9B.
Key information
4.6%
Debt to equity ratio
JP¥921.00m
Debt
Interest coverage ratio | -281.3x |
Cash | JP¥10.86b |
Equity | JP¥20.06b |
Total liabilities | JP¥4.92b |
Total assets | JP¥24.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6524's short term assets (¥16.7B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 6524's short term assets (¥16.7B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 6524 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6524's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6524's debt is well covered by operating cash flow (388.4%).
Interest Coverage: 6524 earns more interest than it pays, so coverage of interest payments is not a concern.