Tokyu Construction Balance Sheet Health
Financial Health criteria checks 4/6
Tokyu Construction has a total shareholder equity of ¥95.0B and total debt of ¥61.9B, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are ¥254.3B and ¥159.3B respectively. Tokyu Construction's EBIT is ¥6.0B making its interest coverage ratio 400.5. It has cash and short-term investments of ¥32.4B.
Key information
65.1%
Debt to equity ratio
JP¥61.87b
Debt
Interest coverage ratio | 400.5x |
Cash | JP¥32.43b |
Equity | JP¥95.02b |
Total liabilities | JP¥159.26b |
Total assets | JP¥254.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCW's short term assets (¥193.8B) exceed its short term liabilities (¥133.2B).
Long Term Liabilities: TCW's short term assets (¥193.8B) exceed its long term liabilities (¥26.1B).
Debt to Equity History and Analysis
Debt Level: TCW's net debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: TCW's debt to equity ratio has increased from 1.9% to 65.1% over the past 5 years.
Debt Coverage: TCW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TCW's interest payments on its debt are well covered by EBIT (400.5x coverage).