Kyoritsu Electric Corporation

TSE:6874 Stock Report

Market Cap: JP¥13.4b

Kyoritsu Electric Balance Sheet Health

Financial Health criteria checks 6/6

Kyoritsu Electric has a total shareholder equity of ¥17.5B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ¥30.0B and ¥12.5B respectively. Kyoritsu Electric's EBIT is ¥2.4B making its interest coverage ratio -54.7. It has cash and short-term investments of ¥7.2B.

Key information

10.8%

Debt to equity ratio

JP¥1.88b

Debt

Interest coverage ratio-54.7x
CashJP¥7.22b
EquityJP¥17.48b
Total liabilitiesJP¥12.49b
Total assetsJP¥29.98b

Recent financial health updates

Kyoritsu Electric (TYO:6874) Has A Rock Solid Balance Sheet

Apr 14
Kyoritsu Electric (TYO:6874) Has A Rock Solid Balance Sheet

Kyoritsu Electric (TYO:6874) Could Easily Take On More Debt

Dec 30
Kyoritsu Electric (TYO:6874) Could Easily Take On More Debt

Recent updates

Cautious Investors Not Rewarding Kyoritsu Electric Corporation's (TSE:6874) Performance Completely

Mar 29
Cautious Investors Not Rewarding Kyoritsu Electric Corporation's (TSE:6874) Performance Completely

Kyoritsu Electric (TYO:6874) Has A Rock Solid Balance Sheet

Apr 14
Kyoritsu Electric (TYO:6874) Has A Rock Solid Balance Sheet

Returns On Capital At Kyoritsu Electric (TYO:6874) Have Hit The Brakes

Mar 24
Returns On Capital At Kyoritsu Electric (TYO:6874) Have Hit The Brakes

Is Kyoritsu Electric Corporation (TYO:6874) A Smart Pick For Income Investors?

Mar 03
Is Kyoritsu Electric Corporation (TYO:6874) A Smart Pick For Income Investors?

Are Kyoritsu Electric's (TYO:6874) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Feb 10
Are Kyoritsu Electric's (TYO:6874) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Kyoritsu Electric (TYO:6874) Shareholders Have Enjoyed A 44% Share Price Gain

Jan 20
Kyoritsu Electric (TYO:6874) Shareholders Have Enjoyed A 44% Share Price Gain

Kyoritsu Electric (TYO:6874) Could Easily Take On More Debt

Dec 30
Kyoritsu Electric (TYO:6874) Could Easily Take On More Debt

Returns On Capital - An Important Metric For Kyoritsu Electric (TYO:6874)

Dec 03
Returns On Capital - An Important Metric For Kyoritsu Electric (TYO:6874)

Financial Position Analysis

Short Term Liabilities: 6874's short term assets (¥21.2B) exceed its short term liabilities (¥11.0B).

Long Term Liabilities: 6874's short term assets (¥21.2B) exceed its long term liabilities (¥1.5B).

Debt to Equity History and Analysis

Debt Level: 6874 has more cash than its total debt.

Reducing Debt: 6874's debt to equity ratio has reduced from 14.9% to 10.8% over the past 5 years.

Debt Coverage: 6874's debt is well covered by operating cash flow (121%).

Interest Coverage: 6874 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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