KEL Balance Sheet Health

Financial Health criteria checks 6/6

KEL has a total shareholder equity of ¥15.3B and total debt of ¥450.0M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are ¥18.6B and ¥3.3B respectively. KEL's EBIT is ¥963.7M making its interest coverage ratio -19.9. It has cash and short-term investments of ¥4.9B.

Key information

2.9%

Debt to equity ratio

JP¥450.00m

Debt

Interest coverage ratio	-19.9x
Cash	JP¥4.93b
Equity	JP¥15.35b
Total liabilities	JP¥3.25b
Total assets	JP¥18.60b

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 15

Recent updates

Would 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 15

Estimating The Intrinsic Value Of KEL Corporation (TYO:6919)

Nov 23

Financial Position Analysis

Short Term Liabilities: 6919's short term assets (¥11.7B) exceed its short term liabilities (¥2.7B).

Long Term Liabilities: 6919's short term assets (¥11.7B) exceed its long term liabilities (¥557.1M).

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 4.2% to 2.9% over the past 5 years.

Debt Coverage: 6919's debt is well covered by operating cash flow (515.3%).

Interest Coverage: 6919 earns more interest than it pays, so coverage of interest payments is not a concern.

KEL Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Does KEL (TYO:6919) Have A Healthy Balance Sheet?

KEL (TYO:6919) Seems To Use Debt Rather Sparingly

Recent updates

Upcoming dividend of JP¥40.00 per share

KEL (TSE:6919) Is Paying Out Less In Dividends Than Last Year

KEL Corporation to Report Q2, 2025 Results on Nov 08, 2024

First quarter 2025 earnings released: EPS: JP¥31.24 (vs JP¥46.93 in 1Q 2024)

KEL (TSE:6919) Is Reducing Its Dividend To ¥40.00

KEL's (TSE:6919) Dividend Will Be Reduced To ¥40.00

Final dividend of JP¥40.00 announced

KEL Corporation to Report Q1, 2025 Results on Aug 07, 2024

Full year 2024 earnings released: EPS: JP¥117 (vs JP¥237 in FY 2023)

KEL Corporation, Annual General Meeting, Jun 26, 2024

Upcoming dividend of JP¥48.00 per share

KEL (TSE:6919) Is Due To Pay A Dividend Of ¥48.00

KEL Corporation to Report Fiscal Year 2024 Results on May 09, 2024

New minor risk - Profit margin trend

KEL Corporation Provides Dividend Guidance for the Year Ending March 31, 2024

KEL Corporation to Report Q3, 2024 Results on Feb 07, 2024

Second quarter 2024 earnings released: EPS: JP¥32.20 (vs JP¥72.11 in 2Q 2023)

KEL Corporation Provides Earnings Guidance for the Year Ending March 31, 2024

KEL Corporation to Report Q2, 2024 Results on Nov 08, 2023

Upcoming dividend of JP¥47.00 per share at 4.8% yield

First quarter 2024 earnings released: EPS: JP¥46.93 (vs JP¥64.41 in 1Q 2023)

KEL Corporation, Annual General Meeting, Jun 27, 2023

KEL Corporation Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024

Full year 2023 earnings released: EPS: JP¥237 (vs JP¥200 in FY 2022)

Upcoming dividend of JP¥41.00 per share at 4.6% yield

Third quarter 2023 earnings released: EPS: JP¥50.37 (vs JP¥48.99 in 3Q 2022)

KEL Corporation to Report Q3, 2023 Results on Feb 07, 2023

Second quarter 2023 earnings released: EPS: JP¥72.11 (vs JP¥50.64 in 2Q 2022)

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥72.11 (vs JP¥50.64 in 2Q 2022)

Upcoming dividend of JP¥40.00 per share

KEL Corporation to Report Q2, 2023 Results on Nov 08, 2022

First quarter 2023 earnings released: EPS: JP¥64.41 (vs JP¥40.74 in 1Q 2022)

KEL Corporation to Report Q1, 2023 Results on Aug 05, 2022

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: JP¥200 (vs JP¥99.77 in FY 2021)

KEL Corporation, Annual General Meeting, Jun 28, 2022

No independent directors

KEL Corporation to Report Fiscal Year 2022 Results on May 11, 2022

Upcoming dividend of JP¥21.00 per share

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: EPS JP¥50.64 (vs JP¥14.04 in 2Q 2021)

Upcoming dividend of JP¥20.00 per share

First quarter 2022 earnings released: EPS JP¥40.74 (vs JP¥26.70 in 1Q 2021)

Full year 2021 earnings released: EPS JP¥99.77 (vs JP¥96.61 in FY 2020)

Returns On Capital At KEL (TYO:6919) Have Stalled

Upcoming dividend of JP¥21.00 per share

Does KEL (TYO:6919) Have A Healthy Balance Sheet?

New 90-day high: JP¥985

Is KEL Corporation (TYO:6919) A Smart Pick For Income Investors?

Third quarter 2021 earnings released: EPS JP¥15.55 (vs JP¥22.71 in 3Q 2020)

The Returns On Capital At KEL (TYO:6919) Don't Inspire Confidence

New 90-day high: JP¥977

KEL Corporation to Report Q3, 2021 Results on Feb 05, 2021

Would Shareholders Who Purchased KEL's (TYO:6919) Stock Three Years Be Happy With The Share price Today?

KEL (TYO:6919) Seems To Use Debt Rather Sparingly

Estimating The Intrinsic Value Of KEL Corporation (TYO:6919)

New 90-day low: JP¥827

Second quarter 2021 earnings released: EPS JP¥14.04

KEL Corporation to Report Q2, 2021 Results on Nov 09, 2020

Upcoming Dividend of JP¥18.00 Per Share

Earnings released

New 90-day low - JP¥776

KEL Corporation to Report Q1, 2021 Results on Aug 07, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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