Tokuden Balance Sheet Health
Financial Health criteria checks 5/6
Tokuden has a total shareholder equity of ¥7.2B and total debt of ¥909.0M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ¥11.3B and ¥4.1B respectively. Tokuden's EBIT is ¥583.0M making its interest coverage ratio -194.3. It has cash and short-term investments of ¥2.0B.
Key information
12.6%
Debt to equity ratio
JP¥909.00m
Debt
Interest coverage ratio | -194.3x |
Cash | JP¥1.98b |
Equity | JP¥7.21b |
Total liabilities | JP¥4.07b |
Total assets | JP¥11.27b |
Recent financial health updates
Recent updates
There Are Reasons To Feel Uneasy About Tokuden's (TYO:3437) Returns On Capital
Apr 29Tokuden (TYO:3437) Seems To Use Debt Quite Sensibly
Mar 02Has Tokuden (TYO:3437) Got What It Takes To Become A Multi-Bagger?
Jan 26Why Tokuden Co., Ltd. (TYO:3437) Should Be In Your Dividend Portfolio
Dec 20Does Tokuden's (TYO:3437) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 23Financial Position Analysis
Short Term Liabilities: 3437's short term assets (¥7.0B) exceed its short term liabilities (¥2.6B).
Long Term Liabilities: 3437's short term assets (¥7.0B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 3437 has more cash than its total debt.
Reducing Debt: 3437's debt to equity ratio has increased from 10.7% to 12.6% over the past 5 years.
Debt Coverage: 3437's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 3437 earns more interest than it pays, so coverage of interest payments is not a concern.