TBK Balance Sheet Health
Financial Health criteria checks 6/6
TBK has a total shareholder equity of ¥28.9B and total debt of ¥9.9B, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are ¥55.7B and ¥26.8B respectively. TBK's EBIT is ¥393.0M making its interest coverage ratio 3.5. It has cash and short-term investments of ¥4.1B.
Key information
34.3%
Debt to equity ratio
JP¥9.90b
Debt
Interest coverage ratio | 3.5x |
Cash | JP¥4.12b |
Equity | JP¥28.88b |
Total liabilities | JP¥26.82b |
Total assets | JP¥55.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7277's short term assets (¥28.0B) exceed its short term liabilities (¥20.5B).
Long Term Liabilities: 7277's short term assets (¥28.0B) exceed its long term liabilities (¥6.3B).
Debt to Equity History and Analysis
Debt Level: 7277's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: 7277's debt to equity ratio has reduced from 35.4% to 34.3% over the past 5 years.
Debt Coverage: 7277's debt is well covered by operating cash flow (33.5%).
Interest Coverage: 7277's interest payments on its debt are well covered by EBIT (3.5x coverage).