Tokai Rika Balance Sheet Health
Financial Health criteria checks 6/6
Tokai Rika has a total shareholder equity of ¥333.5B and total debt of ¥10.0B, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are ¥500.5B and ¥167.0B respectively. Tokai Rika's EBIT is ¥27.1B making its interest coverage ratio -14.2. It has cash and short-term investments of ¥79.6B.
Key information
3.0%
Debt to equity ratio
JP¥10.00b
Debt
| Interest coverage ratio | -14.2x |
| Cash | JP¥79.56b |
| Equity | JP¥333.53b |
| Total liabilities | JP¥167.00b |
| Total assets | JP¥500.54b |
Recent financial health updates
These 4 Measures Indicate That Tokai Rika (TSE:6995) Is Using Debt Reasonably Well
Oct 30
Tokai Rika (TSE:6995) Has A Rock Solid Balance Sheet
Jul 22Is Tokai Rika (TSE:6995) Using Too Much Debt?
Apr 17Recent updates
These 4 Measures Indicate That Tokai Rika (TSE:6995) Is Using Debt Reasonably Well
Oct 30Tokai Rika (TSE:6995) Has A Rock Solid Balance Sheet
Jul 22Tokai Rika's (TSE:6995) Earnings May Just Be The Starting Point
Jun 20Here's What's Concerning About Tokai Rika's (TSE:6995) Returns On Capital
Jun 08Tokai Rika Co., Ltd. Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next
Apr 27Is Tokai Rika (TSE:6995) Using Too Much Debt?
Apr 17Getting In Cheap On Tokai Rika Co., Ltd. (TSE:6995) Might Be Difficult
Mar 07Financial Position Analysis
Short Term Liabilities: 6995's short term assets (¥262.9B) exceed its short term liabilities (¥122.3B).
Long Term Liabilities: 6995's short term assets (¥262.9B) exceed its long term liabilities (¥44.8B).
Debt to Equity History and Analysis
Debt Level: 6995 has more cash than its total debt.
Reducing Debt: 6995's debt to equity ratio has reduced from 4.1% to 3% over the past 5 years.
Debt Coverage: 6995's debt is well covered by operating cash flow (435.6%).
Interest Coverage: 6995 earns more interest than it pays, so coverage of interest payments is not a concern.