KEL Balance Sheet Health
Financial Health criteria checks 6/6
KEL has a total shareholder equity of ¥15.1B and total debt of ¥450.0M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ¥18.6B and ¥3.5B respectively. KEL's EBIT is ¥1.4B making its interest coverage ratio -29.7. It has cash and short-term investments of ¥5.0B.
Key information
3.0%
Debt to equity ratio
JP¥450.00m
Debt
Interest coverage ratio | -29.7x |
Cash | JP¥5.02b |
Equity | JP¥15.14b |
Total liabilities | JP¥3.48b |
Total assets | JP¥18.62b |
Recent financial health updates
Does KEL (TYO:6919) Have A Healthy Balance Sheet?
Mar 15KEL (TYO:6919) Seems To Use Debt Rather Sparingly
Dec 15Recent updates
KEL (TSE:6919) Is Due To Pay A Dividend Of ¥48.00
Mar 10Returns On Capital At KEL (TYO:6919) Have Stalled
May 06Does KEL (TYO:6919) Have A Healthy Balance Sheet?
Mar 15Is KEL Corporation (TYO:6919) A Smart Pick For Income Investors?
Feb 17The Returns On Capital At KEL (TYO:6919) Don't Inspire Confidence
Jan 27Would Shareholders Who Purchased KEL's (TYO:6919) Stock Three Years Be Happy With The Share price Today?
Jan 06KEL (TYO:6919) Seems To Use Debt Rather Sparingly
Dec 15Estimating The Intrinsic Value Of KEL Corporation (TYO:6919)
Nov 23Financial Position Analysis
Short Term Liabilities: 6919's short term assets (¥11.9B) exceed its short term liabilities (¥2.9B).
Long Term Liabilities: 6919's short term assets (¥11.9B) exceed its long term liabilities (¥555.0M).
Debt to Equity History and Analysis
Debt Level: 6919 has more cash than its total debt.
Reducing Debt: 6919's debt to equity ratio has reduced from 5% to 3% over the past 5 years.
Debt Coverage: 6919's debt is well covered by operating cash flow (506.7%).
Interest Coverage: 6919 earns more interest than it pays, so coverage of interest payments is not a concern.