Kyosan Electric Manufacturing Balance Sheet Health
Financial Health criteria checks 3/6
Kyosan Electric Manufacturing has a total shareholder equity of ¥45.3B and total debt of ¥40.7B, which brings its debt-to-equity ratio to 89.7%. Its total assets and total liabilities are ¥123.7B and ¥78.4B respectively. Kyosan Electric Manufacturing's EBIT is ¥250.0M making its interest coverage ratio -4.3. It has cash and short-term investments of ¥6.7B.
Key information
89.7%
Debt to equity ratio
JP¥40.65b
Debt
Interest coverage ratio | -4.3x |
Cash | JP¥6.72b |
Equity | JP¥45.30b |
Total liabilities | JP¥78.39b |
Total assets | JP¥123.68b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6742's short term assets (¥88.7B) exceed its short term liabilities (¥65.4B).
Long Term Liabilities: 6742's short term assets (¥88.7B) exceed its long term liabilities (¥13.0B).
Debt to Equity History and Analysis
Debt Level: 6742's net debt to equity ratio (74.9%) is considered high.
Reducing Debt: 6742's debt to equity ratio has increased from 67.6% to 89.7% over the past 5 years.
Debt Coverage: 6742's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6742 earns more interest than it pays, so coverage of interest payments is not a concern.