Tokyo Radiator Mfg.Co.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Tokyo Radiator Mfg.Co.Ltd has a total shareholder equity of ¥21.1B and total debt of ¥836.0M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ¥31.6B and ¥10.5B respectively. Tokyo Radiator Mfg.Co.Ltd's EBIT is ¥1.7B making its interest coverage ratio -10.1. It has cash and short-term investments of ¥6.4B.
Key information
4.0%
Debt to equity ratio
JP¥836.00m
Debt
Interest coverage ratio | -10.1x |
Cash | JP¥6.40b |
Equity | JP¥21.05b |
Total liabilities | JP¥10.55b |
Total assets | JP¥31.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7235's short term assets (¥20.5B) exceed its short term liabilities (¥9.2B).
Long Term Liabilities: 7235's short term assets (¥20.5B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 7235 has more cash than its total debt.
Reducing Debt: 7235's debt to equity ratio has increased from 1.1% to 4% over the past 5 years.
Debt Coverage: 7235's debt is well covered by operating cash flow (274.6%).
Interest Coverage: 7235 earns more interest than it pays, so coverage of interest payments is not a concern.