Tokyo Radiator Mfg.Co.Ltd Balance Sheet Health
Financial Health criteria checks 6/6
Tokyo Radiator Mfg.Co.Ltd has a total shareholder equity of ¥23.1B and total debt of ¥139.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ¥31.1B and ¥8.0B respectively. Tokyo Radiator Mfg.Co.Ltd's EBIT is ¥1.5B making its interest coverage ratio -9.6. It has cash and short-term investments of ¥7.1B.
Key information
0.6%
Debt to equity ratio
JP¥139.00m
Debt
| Interest coverage ratio | -9.6x |
| Cash | JP¥7.09b |
| Equity | JP¥23.11b |
| Total liabilities | JP¥7.97b |
| Total assets | JP¥31.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7235's short term assets (¥19.5B) exceed its short term liabilities (¥6.7B).
Long Term Liabilities: 7235's short term assets (¥19.5B) 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 reduced from 0.9% to 0.6% over the past 5 years.
Debt Coverage: 7235's debt is well covered by operating cash flow (1917.3%).
Interest Coverage: 7235 earns more interest than it pays, so coverage of interest payments is not a concern.