Tokura Balance Sheet Health
Financial Health criteria checks 6/6
Tokura has a total shareholder equity of ¥19.1B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are ¥49.8B and ¥30.7B respectively. Tokura's EBIT is ¥1.5B making its interest coverage ratio -24.4. It has cash and short-term investments of ¥15.3B.
Key information
15.4%
Debt to equity ratio
JP¥2.94b
Debt
Interest coverage ratio | -24.4x |
Cash | JP¥15.29b |
Equity | JP¥19.11b |
Total liabilities | JP¥30.72b |
Total assets | JP¥49.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1892's short term assets (¥36.9B) exceed its short term liabilities (¥27.5B).
Long Term Liabilities: 1892's short term assets (¥36.9B) exceed its long term liabilities (¥3.2B).
Debt to Equity History and Analysis
Debt Level: 1892 has more cash than its total debt.
Reducing Debt: 1892's debt to equity ratio has reduced from 56.5% to 15.4% over the past 5 years.
Debt Coverage: 1892's debt is well covered by operating cash flow (127.9%).
Interest Coverage: 1892 earns more interest than it pays, so coverage of interest payments is not a concern.