Tokyo Tatemono Balance Sheet Health
Financial Health criteria checks 3/6
Tokyo Tatemono has a total shareholder equity of ¥508.0B and total debt of ¥1,087.0B, which brings its debt-to-equity ratio to 214%. Its total assets and total liabilities are ¥1,905.3B and ¥1,397.3B respectively. Tokyo Tatemono's EBIT is ¥70.5B making its interest coverage ratio 27.5. It has cash and short-term investments of ¥127.3B.
Key information
214.0%
Debt to equity ratio
JP¥1.09t
Debt
Interest coverage ratio | 27.5x |
Cash | JP¥127.31b |
Equity | JP¥508.03b |
Total liabilities | JP¥1.40t |
Total assets | JP¥1.91t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T6R's short term assets (¥692.5B) exceed its short term liabilities (¥240.1B).
Long Term Liabilities: T6R's short term assets (¥692.5B) do not cover its long term liabilities (¥1,157.2B).
Debt to Equity History and Analysis
Debt Level: T6R's net debt to equity ratio (188.9%) is considered high.
Reducing Debt: T6R's debt to equity ratio has reduced from 239.3% to 214% over the past 5 years.
Debt Coverage: T6R's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: T6R's interest payments on its debt are well covered by EBIT (27.5x coverage).