Tokyo Chuo Auction Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Tokyo Chuo Auction Holdings has a total shareholder equity of HK$238.9M and total debt of HK$41.6M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are HK$396.6M and HK$157.7M respectively.
Key information
17.4%
Debt to equity ratio
HK$41.60m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$69.05m |
| Equity | HK$238.95m |
| Total liabilities | HK$157.69m |
| Total assets | HK$396.64m |
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$368.1M) exceed its short term liabilities (HK$121.0M).
Long Term Liabilities: 1939's short term assets (HK$368.1M) exceed its long term liabilities (HK$36.7M).
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 increased from 12.5% to 17.4% over the past 5 years.
Debt Coverage: 1939's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1939's interest payments on its debt are well covered by EBIT.