Tokai Tokyo Financial Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Tokai Tokyo Financial Holdings has a total shareholder equity of ¥193.4B and total debt of ¥683.2B, which brings its debt-to-equity ratio to 353.2%. Its total assets and total liabilities are ¥1,426.5B and ¥1,233.0B respectively.
Key information
353.2%
Debt to equity ratio
JP¥683.21b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥738.16b |
| Equity | JP¥193.41b |
| Total liabilities | JP¥1.23t |
| Total assets | JP¥1.43t |
Recent financial health updates
No updates
Recent updates
Tokai Tokyo Financial Holdings (TSE:8616) Is Due To Pay A Dividend Of ¥12.00
Sep 25
Tokai Tokyo Financial Holdings, Inc.'s (TSE:8616) Price Is Out Of Tune With Earnings
Jun 06Tokai Tokyo Financial Holdings (TSE:8616) Is Due To Pay A Dividend Of ¥12.00
Mar 17Tokai Tokyo Financial Holdings (TSE:8616) Has Announced A Dividend Of ¥12.00
Mar 02Financial Position Analysis
Short Term Liabilities: 8616's short term assets (¥1,337.4B) exceed its short term liabilities (¥1,057.3B).
Long Term Liabilities: 8616's short term assets (¥1,337.4B) exceed its long term liabilities (¥175.7B).
Debt to Equity History and Analysis
Debt Level: 8616 has more cash than its total debt.
Reducing Debt: 8616's debt to equity ratio has increased from 318.4% to 353.2% over the past 5 years.
Debt Coverage: 8616's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: Insufficient data to determine if 8616's interest payments on its debt are well covered by EBIT.