Tokyo Plast International Balance Sheet Health
Financial Health criteria checks 4/6
Tokyo Plast International has a total shareholder equity of ₹610.5M and total debt of ₹176.5M, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are ₹971.7M and ₹361.3M respectively. Tokyo Plast International's EBIT is ₹19.6M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹6.5M.
Key information
28.9%
Debt to equity ratio
₹176.54m
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹6.50m |
| Equity | ₹610.47m |
| Total liabilities | ₹361.28m |
| Total assets | ₹971.75m |
Recent financial health updates
Recent updates
Here's Why Tokyo Plast International Limited's (NSE:TOKYOPLAST) CEO Compensation Is The Least Of Shareholders' Concerns
Sep 24
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 (₹477.3M) exceed its short term liabilities (₹302.6M).
Long Term Liabilities: TOKYOPLAST's short term assets (₹477.3M) exceed its long term liabilities (₹58.7M).
Debt to Equity History and Analysis
Debt Level: TOKYOPLAST's net debt to equity ratio (27.9%) is considered satisfactory.
Reducing Debt: TOKYOPLAST's debt to equity ratio has increased from 28.8% to 28.9% over the past 5 years.
Debt Coverage: TOKYOPLAST's debt is well covered by operating cash flow (46.1%).
Interest Coverage: TOKYOPLAST's interest payments on its debt are not well covered by EBIT (1.7x coverage).