Kyoei SangyoLtd Balance Sheet Health
Financial Health criteria checks 5/6
Kyoei SangyoLtd has a total shareholder equity of ¥16.5B and total debt of ¥9.6B, which brings its debt-to-equity ratio to 58.3%. Its total assets and total liabilities are ¥41.5B and ¥25.0B respectively. Kyoei SangyoLtd's EBIT is ¥1.4B making its interest coverage ratio -127.3. It has cash and short-term investments of ¥4.7B.
Key information
58.3%
Debt to equity ratio
JP¥9.61b
Debt
Interest coverage ratio | -127.3x |
Cash | JP¥4.75b |
Equity | JP¥16.50b |
Total liabilities | JP¥25.04b |
Total assets | JP¥41.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6973's short term assets (¥34.3B) exceed its short term liabilities (¥20.5B).
Long Term Liabilities: 6973's short term assets (¥34.3B) exceed its long term liabilities (¥4.5B).
Debt to Equity History and Analysis
Debt Level: 6973's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: 6973's debt to equity ratio has reduced from 69% to 58.3% over the past 5 years.
Debt Coverage: 6973's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: 6973 earns more interest than it pays, so coverage of interest payments is not a concern.