Tokyo Chuo Auction Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Tokyo Chuo Auction Holdings has a total shareholder equity of HK$258.7M and total debt of HK$39.8M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are HK$436.0M and HK$177.2M respectively.
Key information
15.4%
Debt to equity ratio
HK$39.83m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$101.12m |
| Equity | HK$258.73m |
| Total liabilities | HK$177.24m |
| Total assets | HK$435.97m |
Recent financial health updates
Here's Why Tokyo Chuo Auction Holdings (HKG:1939) Can Manage Its Debt Responsibly
Feb 01
Is Tokyo Chuo Auction Holdings (HKG:1939) Using Debt Sensibly?
Feb 15Recent updates
Here's Why Tokyo Chuo Auction Holdings (HKG:1939) Can Manage Its Debt Responsibly
Feb 01Here's What's Concerning About Tokyo Chuo Auction Holdings' (HKG:1939) Returns On Capital
Nov 01There Are Reasons To Feel Uneasy About Tokyo Chuo Auction Holdings' (HKG:1939) Returns On Capital
Feb 10Tokyo Chuo Auction Holdings (HKG:1939) May Have Issues Allocating Its Capital
Aug 18Is Tokyo Chuo Auction Holdings (HKG:1939) Using Debt Sensibly?
Feb 15Financial Position Analysis
Short Term Liabilities: 1939's short term assets (HK$414.0M) exceed its short term liabilities (HK$146.5M).
Long Term Liabilities: 1939's short term assets (HK$414.0M) exceed its long term liabilities (HK$30.7M).
Debt to Equity History and Analysis
Debt Level: 1939 has more cash than its total debt.
Reducing Debt: 1939's debt to equity ratio has reduced from 69% to 15.4% over the past 5 years.
Debt Coverage: 1939's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: Insufficient data to determine if 1939's interest payments on its debt are well covered by EBIT.