Tokai Tokyo Financial Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Tokai Tokyo Financial Holdings has a total shareholder equity of ¥192.9B and total debt of ¥627.7B, which brings its debt-to-equity ratio to 325.3%. Its total assets and total liabilities are ¥1,400.4B and ¥1,207.4B respectively.
Key information
325.3%
Debt to equity ratio
JP¥627.70b
Debt
Interest coverage ratio | n/a |
Cash | JP¥642.57b |
Equity | JP¥192.93b |
Total liabilities | JP¥1.21t |
Total assets | JP¥1.40t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8616's short term assets (¥1,312.7B) exceed its short term liabilities (¥1,058.7B).
Long Term Liabilities: 8616's short term assets (¥1,312.7B) exceed its long term liabilities (¥148.7B).
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 reduced from 362.4% to 325.3% over the past 5 years.
Debt Coverage: 8616's debt is not well covered by operating cash flow (2%).
Interest Coverage: Insufficient data to determine if 8616's interest payments on its debt are well covered by EBIT.