Tokyo Century Balance Sheet Health
Financial Health criteria checks 3/6
Tokyo Century has a total shareholder equity of ¥1,086.3B and total debt of ¥4,946.2B, which brings its debt-to-equity ratio to 455.3%. Its total assets and total liabilities are ¥6,685.2B and ¥5,598.8B respectively. Tokyo Century's EBIT is ¥110.4B making its interest coverage ratio 18.3. It has cash and short-term investments of ¥170.7B.
Key information
455.3%
Debt to equity ratio
JP¥4.95t
Debt
| Interest coverage ratio | 18.3x |
| Cash | JP¥170.66b |
| Equity | JP¥1.09t |
| Total liabilities | JP¥5.60t |
| Total assets | JP¥6.69t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8439's short term assets (¥2,988.1B) exceed its short term liabilities (¥2,057.6B).
Long Term Liabilities: 8439's short term assets (¥2,988.1B) do not cover its long term liabilities (¥3,541.3B).
Debt to Equity History and Analysis
Debt Level: 8439's net debt to equity ratio (439.6%) is considered high.
Reducing Debt: 8439's debt to equity ratio has reduced from 592% to 455.3% over the past 5 years.
Debt Coverage: 8439's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8439's interest payments on its debt are well covered by EBIT (18.3x coverage).