Tokyu Construction Balance Sheet Health
Financial Health criteria checks 5/6
Tokyu Construction has a total shareholder equity of ¥97.5B and total debt of ¥41.9B, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are ¥240.4B and ¥142.9B respectively. Tokyu Construction's EBIT is ¥6.1B making its interest coverage ratio 79.3. It has cash and short-term investments of ¥32.8B.
Key information
43.0%
Debt to equity ratio
JP¥41.90b
Debt
| Interest coverage ratio | 79.3x |
| Cash | JP¥32.81b |
| Equity | JP¥97.51b |
| Total liabilities | JP¥142.89b |
| Total assets | JP¥240.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCW's short term assets (¥184.0B) exceed its short term liabilities (¥116.6B).
Long Term Liabilities: TCW's short term assets (¥184.0B) exceed its long term liabilities (¥26.3B).
Debt to Equity History and Analysis
Debt Level: TCW's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: TCW's debt to equity ratio has increased from 19.4% to 43% over the past 5 years.
Debt Coverage: TCW's debt is well covered by operating cash flow (28.2%).
Interest Coverage: TCW's interest payments on its debt are well covered by EBIT (79.3x coverage).