Tokai Senko K.K Balance Sheet Health
Financial Health criteria checks 5/6
Tokai Senko K.K has a total shareholder equity of ¥8.1B and total debt of ¥2.6B, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are ¥14.9B and ¥6.7B respectively. Tokai Senko K.K's EBIT is ¥143.0M making its interest coverage ratio -1.7. It has cash and short-term investments of ¥2.9B.
Key information
31.6%
Debt to equity ratio
JP¥2.57b
Debt
Interest coverage ratio | -1.7x |
Cash | JP¥2.89b |
Equity | JP¥8.13b |
Total liabilities | JP¥6.75b |
Total assets | JP¥14.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3577's short term assets (¥7.0B) exceed its short term liabilities (¥4.1B).
Long Term Liabilities: 3577's short term assets (¥7.0B) exceed its long term liabilities (¥2.7B).
Debt to Equity History and Analysis
Debt Level: 3577 has more cash than its total debt.
Reducing Debt: 3577's debt to equity ratio has increased from 24.1% to 31.6% over the past 5 years.
Debt Coverage: 3577's debt is well covered by operating cash flow (20.7%).
Interest Coverage: 3577 earns more interest than it pays, so coverage of interest payments is not a concern.