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 |
Cash | JP¥12.90b |
Equity | JP¥18.96b |
Total liabilities | JP¥29.99b |
Total assets | JP¥48.95b |
Recent financial health updates
No updates
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.