Tokura Balance Sheet Health

Financial Health criteria checks 5/6

Tokura has a total shareholder equity of ¥19.0B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are ¥48.9B and ¥30.0B respectively. Tokura's EBIT is ¥2.2B making its interest coverage ratio -24. It has cash and short-term investments of ¥12.9B.

Key information

15.5%

Debt to equity ratio

JP¥2.94b

Debt

Interest coverage ratio-24x
CashJP¥12.90b
EquityJP¥18.96b
Total liabilitiesJP¥29.99b
Total assetsJP¥48.95b

Recent financial health updates

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Recent updates

Financial Position Analysis

Short Term Liabilities: 1892's short term assets (¥36.6B) exceed its short term liabilities (¥27.1B).

Long Term Liabilities: 1892's short term assets (¥36.6B) exceed its long term liabilities (¥2.9B).


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 46.2% to 15.5% over the past 5 years.

Debt Coverage: 1892's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1892 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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