TOKYO KEIKI Balance Sheet Health
Financial Health criteria checks 5/6
TOKYO KEIKI has a total shareholder equity of ¥36.7B and total debt of ¥18.7B, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are ¥69.7B and ¥33.0B respectively. TOKYO KEIKI's EBIT is ¥3.1B making its interest coverage ratio -218.9. It has cash and short-term investments of ¥8.3B.
Key information
50.9%
Debt to equity ratio
JP¥18.69b
Debt
| Interest coverage ratio | -218.9x |
| Cash | JP¥8.29b |
| Equity | JP¥36.69b |
| Total liabilities | JP¥33.05b |
| Total assets | JP¥69.73b |
Recent financial health updates
Recent updates
TOKYO KEIKI (TSE:7721) Has A Pretty Healthy Balance Sheet
Nov 08
TOKYO KEIKI INC. (TSE:7721) Looks Just Right With A 25% Price Jump
Oct 07TOKYO KEIKI's (TSE:7721) Returns Have Hit A Wall
Sep 20TOKYO KEIKI INC. (TSE:7721) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable
Jul 05Return Trends At TOKYO KEIKI (TSE:7721) Aren't Appealing
Jun 12Market Participants Recognise TOKYO KEIKI INC.'s (TSE:7721) Earnings Pushing Shares 27% Higher
May 21TOKYO KEIKI (TSE:7721) Is Increasing Its Dividend To ¥32.50
Feb 27What TOKYO KEIKI INC.'s (TSE:7721) 28% Share Price Gain Is Not Telling You
Feb 26Financial Position Analysis
Short Term Liabilities: 7721's short term assets (¥53.1B) exceed its short term liabilities (¥22.2B).
Long Term Liabilities: 7721's short term assets (¥53.1B) exceed its long term liabilities (¥10.8B).
Debt to Equity History and Analysis
Debt Level: 7721's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: 7721's debt to equity ratio has reduced from 52.6% to 50.9% over the past 5 years.
Debt Coverage: 7721's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7721 earns more interest than it pays, so coverage of interest payments is not a concern.