Kyosan Electric Manufacturing Balance Sheet Health
Financial Health criteria checks 3/6
Kyosan Electric Manufacturing has a total shareholder equity of ¥47.2B and total debt of ¥31.3B, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are ¥120.8B and ¥73.7B respectively. Kyosan Electric Manufacturing's EBIT is ¥3.1B making its interest coverage ratio -781. It has cash and short-term investments of ¥6.7B.
Key information
66.2%
Debt to equity ratio
JP¥31.25b
Debt
| Interest coverage ratio | -781x |
| Cash | JP¥6.68b |
| Equity | JP¥47.19b |
| Total liabilities | JP¥73.66b |
| Total assets | JP¥120.84b |
Recent financial health updates
Recent updates
Kyosan Electric Manufacturing (TSE:6742) Has Affirmed Its Dividend Of ¥5.00
Sep 27
Kyosan Electric Manufacturing (TSE:6742) Has Announced A Dividend Of ¥5.00
Sep 12Kyosan Electric Manufacturing Co., Ltd. (TSE:6742) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough
Aug 05Kyosan Electric Manufacturing (TSE:6742) Will Pay A Dividend Of ¥5.00
Jul 26Kyosan Electric Manufacturing (TSE:6742) Is Paying Out A Dividend Of ¥5.00
Jul 11Improved Earnings Required Before Kyosan Electric Manufacturing Co., Ltd. (TSE:6742) Stock's 25% Jump Looks Justified
Jun 10Kyosan Electric Manufacturing (TSE:6742) May Have Issues Allocating Its Capital
May 24Kyosan Electric Manufacturing's (TSE:6742) Dividend Will Be ¥13.00
Mar 03Financial Position Analysis
Short Term Liabilities: 6742's short term assets (¥86.8B) exceed its short term liabilities (¥60.0B).
Long Term Liabilities: 6742's short term assets (¥86.8B) exceed its long term liabilities (¥13.6B).
Debt to Equity History and Analysis
Debt Level: 6742's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: 6742's debt to equity ratio has increased from 45.4% to 66.2% 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.