TBK Balance Sheet Health
Financial Health criteria checks 5/6
TBK has a total shareholder equity of ¥29.4B and total debt of ¥9.4B, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are ¥56.5B and ¥27.2B respectively. TBK's EBIT is ¥903.0M making its interest coverage ratio 8.4. It has cash and short-term investments of ¥4.3B.
Key information
32.0%
Debt to equity ratio
JP¥9.41b
Debt
Interest coverage ratio | 8.4x |
Cash | JP¥4.27b |
Equity | JP¥29.36b |
Total liabilities | JP¥27.18b |
Total assets | JP¥56.54b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7277's short term assets (¥29.1B) exceed its short term liabilities (¥20.9B).
Long Term Liabilities: 7277's short term assets (¥29.1B) exceed its long term liabilities (¥6.3B).
Debt to Equity History and Analysis
Debt Level: 7277's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: 7277's debt to equity ratio has increased from 27.6% to 32% over the past 5 years.
Debt Coverage: 7277's debt is well covered by operating cash flow (33.6%).
Interest Coverage: 7277's interest payments on its debt are well covered by EBIT (8.4x coverage).