Kyosha Balance Sheet Health
Financial Health criteria checks 5/6
Kyosha has a total shareholder equity of ¥9.9B and total debt of ¥8.9B, which brings its debt-to-equity ratio to 90.3%. Its total assets and total liabilities are ¥25.9B and ¥16.0B respectively. Kyosha's EBIT is ¥1.1B making its interest coverage ratio 3. It has cash and short-term investments of ¥5.5B.
Key information
90.3%
Debt to equity ratio
JP¥8.93b
Debt
| Interest coverage ratio | 3x |
| Cash | JP¥5.46b |
| Equity | JP¥9.89b |
| Total liabilities | JP¥15.98b |
| Total assets | JP¥25.87b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6837's short term assets (¥17.0B) exceed its short term liabilities (¥10.6B).
Long Term Liabilities: 6837's short term assets (¥17.0B) exceed its long term liabilities (¥5.4B).
Debt to Equity History and Analysis
Debt Level: 6837's net debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: 6837's debt to equity ratio has increased from 55.9% to 90.3% over the past 5 years.
Debt Coverage: 6837's debt is well covered by operating cash flow (28.3%).
Interest Coverage: 6837's interest payments on its debt are well covered by EBIT (3x coverage).