Kyoden Company Balance Sheet Health
Financial Health criteria checks 4/6
Kyoden Company has a total shareholder equity of ¥26.5B and total debt of ¥23.5B, which brings its debt-to-equity ratio to 88.9%. Its total assets and total liabilities are ¥69.4B and ¥42.9B respectively. Kyoden Company's EBIT is ¥4.0B making its interest coverage ratio 74.8. It has cash and short-term investments of ¥7.6B.
Key information
88.9%
Debt to equity ratio
JP¥23.54b
Debt
| Interest coverage ratio | 74.8x |
| Cash | JP¥7.65b |
| Equity | JP¥26.50b |
| Total liabilities | JP¥42.93b |
| Total assets | JP¥69.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6881's short term assets (¥42.7B) exceed its short term liabilities (¥32.6B).
Long Term Liabilities: 6881's short term assets (¥42.7B) exceed its long term liabilities (¥10.4B).
Debt to Equity History and Analysis
Debt Level: 6881's net debt to equity ratio (60%) is considered high.
Reducing Debt: 6881's debt to equity ratio has reduced from 92.2% to 88.9% over the past 5 years.
Debt Coverage: 6881's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: 6881's interest payments on its debt are well covered by EBIT (74.8x coverage).