Tokyo Plast International Balance Sheet Health
Financial Health criteria checks 6/6
Tokyo Plast International has a total shareholder equity of ₹599.3M and total debt of ₹121.3M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are ₹856.5M and ₹267.7M respectively. Tokyo Plast International's EBIT is ₹31.4M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹2.7M.
Key information
20.2%
Debt to equity ratio
₹121.35m
Debt
Interest coverage ratio | 3.2x |
Cash | ₹2.69m |
Equity | ₹599.28m |
Total liabilities | ₹267.69m |
Total assets | ₹856.53m |
Recent financial health updates
Recent updates
We Think The Compensation For Tokyo Plast International Limited's (NSE:TOKYOPLAST) CEO Looks About Right
Sep 21We Think Tokyo Plast International Limited's (NSE:TOKYOPLAST) CEO Compensation Looks Fair
Sep 24We Think Tokyo Plast International (NSE:TOKYOPLAST) Is Taking Some Risk With Its Debt
Dec 15Estimating The Intrinsic Value Of Tokyo Plast International Limited (NSE:TOKYOPLAST)
Jun 02Calculating The Fair Value Of Tokyo Plast International Limited (NSE:TOKYOPLAST)
Feb 04Did Tokyo Plast International Limited (NSE:TOKYOPLAST) Insiders Buy Up More Shares?
Dec 04Financial Position Analysis
Short Term Liabilities: TOKYOPLAST's short term assets (₹452.3M) exceed its short term liabilities (₹197.8M).
Long Term Liabilities: TOKYOPLAST's short term assets (₹452.3M) exceed its long term liabilities (₹69.9M).
Debt to Equity History and Analysis
Debt Level: TOKYOPLAST's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: TOKYOPLAST's debt to equity ratio has reduced from 31.2% to 20.2% over the past 5 years.
Debt Coverage: TOKYOPLAST's debt is well covered by operating cash flow (155.7%).
Interest Coverage: TOKYOPLAST's interest payments on its debt are well covered by EBIT (3.2x coverage).