Tokyo Energy & Systems Balance Sheet Health
Financial Health criteria checks 5/6
Tokyo Energy & Systems has a total shareholder equity of ¥68.5B and total debt of ¥6.9B, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are ¥107.5B and ¥38.9B respectively. Tokyo Energy & Systems's EBIT is ¥4.0B making its interest coverage ratio -99. It has cash and short-term investments of ¥12.3B.
Key information
10.1%
Debt to equity ratio
JP¥6.94b
Debt
Interest coverage ratio | -99x |
Cash | JP¥12.30b |
Equity | JP¥68.55b |
Total liabilities | JP¥38.92b |
Total assets | JP¥107.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1945's short term assets (¥55.7B) exceed its short term liabilities (¥26.3B).
Long Term Liabilities: 1945's short term assets (¥55.7B) exceed its long term liabilities (¥12.7B).
Debt to Equity History and Analysis
Debt Level: 1945 has more cash than its total debt.
Reducing Debt: 1945's debt to equity ratio has increased from 1.1% to 10.1% over the past 5 years.
Debt Coverage: 1945's debt is well covered by operating cash flow (122.5%).
Interest Coverage: 1945 earns more interest than it pays, so coverage of interest payments is not a concern.