Kaga ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Kaga ElectronicsLtd has a total shareholder equity of ¥159.2B and total debt of ¥30.2B, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are ¥289.1B and ¥129.9B respectively. Kaga ElectronicsLtd's EBIT is ¥23.5B making its interest coverage ratio -38.5. It has cash and short-term investments of ¥75.0B.
Key information
19.0%
Debt to equity ratio
JP¥30.23b
Debt
| Interest coverage ratio | -38.5x |
| Cash | JP¥74.98b |
| Equity | JP¥159.21b |
| Total liabilities | JP¥129.91b |
| Total assets | JP¥289.12b |
Recent financial health updates
Recent updates
Kaga ElectronicsLtd (TSE:8154) Has Affirmed Its Dividend Of ¥110.00
Sep 24
Kaga ElectronicsLtd (TSE:8154) Has Affirmed Its Dividend Of ¥110.00
Aug 27Kaga ElectronicsLtd (TSE:8154) Has Affirmed Its Dividend Of ¥110.00
Aug 13Earnings Working Against Kaga Electronics Co.,Ltd.'s (TSE:8154) Share Price Following 26% Dive
Aug 05Kaga ElectronicsLtd (TSE:8154) Is Due To Pay A Dividend Of ¥110.00
Jul 26Kaga ElectronicsLtd's (TSE:8154) Dividend Will Be ¥110.00
Jul 11Earnings Troubles May Signal Larger Issues for Kaga ElectronicsLtd (TSE:8154) Shareholders
May 21Lacklustre Performance Is Driving Kaga Electronics Co.,Ltd.'s (TSE:8154) Low P/E
Apr 17Here's Why Kaga ElectronicsLtd (TSE:8154) Can Manage Its Debt Responsibly
Mar 07Financial Position Analysis
Short Term Liabilities: 8154's short term assets (¥241.9B) exceed its short term liabilities (¥103.2B).
Long Term Liabilities: 8154's short term assets (¥241.9B) exceed its long term liabilities (¥26.7B).
Debt to Equity History and Analysis
Debt Level: 8154 has more cash than its total debt.
Reducing Debt: 8154's debt to equity ratio has reduced from 38.7% to 19% over the past 5 years.
Debt Coverage: 8154's debt is well covered by operating cash flow (115%).
Interest Coverage: 8154 earns more interest than it pays, so coverage of interest payments is not a concern.