Tokyo Sangyo Balance Sheet Health
Financial Health criteria checks 4/6
Tokyo Sangyo has a total shareholder equity of ¥20.0B and total debt of ¥14.7B, which brings its debt-to-equity ratio to 73.8%. Its total assets and total liabilities are ¥77.8B and ¥57.8B respectively. Tokyo Sangyo's EBIT is ¥1.3B making its interest coverage ratio -5.4. It has cash and short-term investments of ¥16.1B.
Key information
73.8%
Debt to equity ratio
JP¥14.74b
Debt
| Interest coverage ratio | -5.4x |
| Cash | JP¥16.09b |
| Equity | JP¥19.98b |
| Total liabilities | JP¥57.77b |
| Total assets | JP¥77.75b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 8070's short term assets (¥55.3B) exceed its short term liabilities (¥50.1B).
Long Term Liabilities: 8070's short term assets (¥55.3B) exceed its long term liabilities (¥7.7B).
Debt to Equity History and Analysis
Debt Level: 8070 has more cash than its total debt.
Reducing Debt: 8070's debt to equity ratio has increased from 17.7% to 73.8% over the past 5 years.
Debt Coverage: 8070's debt is not well covered by operating cash flow (11%).
Interest Coverage: 8070 earns more interest than it pays, so coverage of interest payments is not a concern.