KEL Balance Sheet Health
Financial Health criteria checks 6/6
KEL has a total shareholder equity of ¥15.2B and total debt of ¥450.0M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ¥18.3B and ¥3.1B respectively. KEL's EBIT is ¥802.0M making its interest coverage ratio -16. It has cash and short-term investments of ¥5.3B.
Key information
3.0%
Debt to equity ratio
JP¥450.00m
Debt
| Interest coverage ratio | -16x |
| Cash | JP¥5.26b |
| Equity | JP¥15.21b |
| Total liabilities | JP¥3.14b |
| Total assets | JP¥18.35b |
Recent financial health updates
Does KEL (TYO:6919) Have A Healthy Balance Sheet?
Mar 15
KEL (TYO:6919) Seems To Use Debt Rather Sparingly
Dec 15Recent updates
KEL (TSE:6919) Is Due To Pay A Dividend Of ¥40.00
Dec 08KEL (TSE:6919) Is Paying Out Less In Dividends Than Last Year
Aug 28KEL (TSE:6919) Is Reducing Its Dividend To ¥40.00
Jul 26KEL's (TSE:6919) Dividend Will Be Reduced To ¥40.00
Jul 11KEL (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 06
KEL (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 (¥11.6B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 6919's short term assets (¥11.6B) exceed its long term liabilities (¥524.0M).
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 4% to 3% over the past 5 years.
Debt Coverage: 6919's debt is well covered by operating cash flow (395.3%).
Interest Coverage: 6919 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 | 2024/12/22 23:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
KEL Corporation is covered by 1 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 |
|---|---|
| Koichi Hariya | Ichiyoshi Research Institute Inc. |