Kuribayashi Steamship Balance Sheet Health
Financial Health criteria checks 5/6
Kuribayashi Steamship has a total shareholder equity of ¥29.8B and total debt of ¥18.9B, which brings its debt-to-equity ratio to 63.4%. Its total assets and total liabilities are ¥77.9B and ¥48.1B respectively. Kuribayashi Steamship's EBIT is ¥1.5B making its interest coverage ratio -13.1. It has cash and short-term investments of ¥12.8B.
Key information
63.4%
Debt to equity ratio
JP¥18.89b
Debt
Interest coverage ratio | -13.1x |
Cash | JP¥12.80b |
Equity | JP¥29.80b |
Total liabilities | JP¥48.14b |
Total assets | JP¥77.93b |
Recent financial health updates
These 4 Measures Indicate That Kuribayashi Steamship (TSE:9171) Is Using Debt Extensively
Jul 18Does Kuribayashi Steamship (TSE:9171) Have A Healthy Balance Sheet?
Apr 02Recent updates
These 4 Measures Indicate That Kuribayashi Steamship (TSE:9171) Is Using Debt Extensively
Jul 18Earnings Troubles May Signal Larger Issues for Kuribayashi Steamship (TSE:9171) Shareholders
May 21Not Many Are Piling Into Kuribayashi Steamship Co., Ltd. (TSE:9171) Stock Yet As It Plummets 26%
May 01Does Kuribayashi Steamship (TSE:9171) Have A Healthy Balance Sheet?
Apr 02Fewer Investors Than Expected Jumping On Kuribayashi Steamship Co., Ltd. (TSE:9171)
Mar 06Financial Position Analysis
Short Term Liabilities: 9171's short term assets (¥22.4B) exceed its short term liabilities (¥15.4B).
Long Term Liabilities: 9171's short term assets (¥22.4B) do not cover its long term liabilities (¥32.7B).
Debt to Equity History and Analysis
Debt Level: 9171's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: 9171's debt to equity ratio has reduced from 80% to 63.4% over the past 5 years.
Debt Coverage: 9171's debt is well covered by operating cash flow (22.9%).
Interest Coverage: 9171 earns more interest than it pays, so coverage of interest payments is not a concern.