Kyoei SangyoLtd Balance Sheet Health
Financial Health criteria checks 5/6
Kyoei SangyoLtd has a total shareholder equity of ¥18.0B and total debt of ¥7.9B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are ¥37.2B and ¥19.2B respectively. Kyoei SangyoLtd's EBIT is ¥1.0B making its interest coverage ratio -37.1. It has cash and short-term investments of ¥4.0B.
Key information
43.8%
Debt to equity ratio
JP¥7.90b
Debt
| Interest coverage ratio | -37.1x |
| Cash | JP¥3.97b |
| Equity | JP¥18.02b |
| Total liabilities | JP¥19.20b |
| Total assets | JP¥37.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6973's short term assets (¥29.6B) exceed its short term liabilities (¥15.6B).
Long Term Liabilities: 6973's short term assets (¥29.6B) exceed its long term liabilities (¥3.6B).
Debt to Equity History and Analysis
Debt Level: 6973's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: 6973's debt to equity ratio has reduced from 75.8% to 43.8% over the past 5 years.
Debt Coverage: 6973's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: 6973 earns more interest than it pays, so coverage of interest payments is not a concern.