Kyowa Electronic Instruments Balance Sheet Health
Financial Health criteria checks 6/6
Kyowa Electronic Instruments has a total shareholder equity of ¥17.6B and total debt of ¥763.0M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ¥23.8B and ¥6.2B respectively. Kyowa Electronic Instruments's EBIT is ¥1.3B making its interest coverage ratio -27.3. It has cash and short-term investments of ¥7.0B.
Key information
4.3%
Debt to equity ratio
JP¥763.00m
Debt
| Interest coverage ratio | -27.3x |
| Cash | JP¥7.01b |
| Equity | JP¥17.60b |
| Total liabilities | JP¥6.22b |
| Total assets | JP¥23.82b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6853's short term assets (¥16.4B) exceed its short term liabilities (¥4.2B).
Long Term Liabilities: 6853's short term assets (¥16.4B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 6853 has more cash than its total debt.
Reducing Debt: 6853's debt to equity ratio has reduced from 13.7% to 4.3% over the past 5 years.
Debt Coverage: 6853's debt is well covered by operating cash flow (54%).
Interest Coverage: 6853 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:04 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Kyowa Electronic Instruments Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tatsuhiko Ikeda | Daiwa Securities Co. Ltd. |
| Yoko Mizoguchi | Ichiyoshi Research Institute Inc. |
| Yuta Kenmei | Marusan Securities Co. Ltd. |