Kyoritsu Electric Balance Sheet Health
Financial Health criteria checks 6/6
Kyoritsu Electric has a total shareholder equity of ¥18.7B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are ¥30.5B and ¥11.9B respectively. Kyoritsu Electric's EBIT is ¥2.7B making its interest coverage ratio -54.1. It has cash and short-term investments of ¥7.7B.
Key information
7.9%
Debt to equity ratio
JP¥1.47b
Debt
| Interest coverage ratio | -54.1x |
| Cash | JP¥7.73b |
| Equity | JP¥18.67b |
| Total liabilities | JP¥11.87b |
| Total assets | JP¥30.54b |
Recent financial health updates
Kyoritsu Electric (TYO:6874) Has A Rock Solid Balance Sheet
Apr 14
Kyoritsu Electric (TYO:6874) Could Easily Take On More Debt
Dec 30
Recent updates
Market Cool On Kyoritsu Electric Corporation's (TSE:6874) Earnings Pushing Shares 32% Lower
Aug 05Cautious Investors Not Rewarding Kyoritsu Electric Corporation's (TSE:6874) Performance Completely
Mar 29Kyoritsu Electric (TYO:6874) Has A Rock Solid Balance Sheet
Apr 14Returns On Capital At Kyoritsu Electric (TYO:6874) Have Hit The Brakes
Mar 24Is Kyoritsu Electric Corporation (TYO:6874) A Smart Pick For Income Investors?
Mar 03Are Kyoritsu Electric's (TYO:6874) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Feb 10Kyoritsu Electric (TYO:6874) Shareholders Have Enjoyed A 44% Share Price Gain
Jan 20Kyoritsu Electric (TYO:6874) Could Easily Take On More Debt
Dec 30Returns On Capital - An Important Metric For Kyoritsu Electric (TYO:6874)
Dec 03Financial Position Analysis
Short Term Liabilities: 6874's short term assets (¥21.3B) exceed its short term liabilities (¥11.4B).
Long Term Liabilities: 6874's short term assets (¥21.3B) exceed its long term liabilities (¥489.0M).
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 13.9% to 7.9% over the past 5 years.
Debt Coverage: 6874's debt is well covered by operating cash flow (174.8%).
Interest Coverage: 6874 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 | 2024/12/26 15:00 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kyoritsu Electric Corporation is covered by 2 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 |
|---|---|
| null null | Company Forecast |
| Eiji Tomaru | Mizuho Securities Co., Ltd. |