Tokura Balance Sheet Health
Financial Health criteria checks 6/6
Tokura has a total shareholder equity of ¥19.0B and total debt of ¥2.6B, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are ¥48.0B and ¥29.1B respectively. Tokura's EBIT is ¥1.9B making its interest coverage ratio -22.3. It has cash and short-term investments of ¥15.7B.
Key information
13.8%
Debt to equity ratio
JP¥2.61b
Debt
| Interest coverage ratio | -22.3x |
| Cash | JP¥15.68b |
| Equity | JP¥18.96b |
| Total liabilities | JP¥29.05b |
| Total assets | JP¥48.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1892's short term assets (¥35.3B) exceed its short term liabilities (¥25.9B).
Long Term Liabilities: 1892's short term assets (¥35.3B) 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 49.4% to 13.8% over the past 5 years.
Debt Coverage: 1892's debt is well covered by operating cash flow (144.1%).
Interest Coverage: 1892 earns more interest than it pays, so coverage of interest payments is not a concern.