Tokuyama Balance Sheet Health
Financial Health criteria checks 6/6
Tokuyama has a total shareholder equity of ¥267.8B and total debt of ¥115.0B, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are ¥480.3B and ¥212.4B respectively. Tokuyama's EBIT is ¥28.0B making its interest coverage ratio 87.2. It has cash and short-term investments of ¥74.5B.
Key information
42.9%
Debt to equity ratio
JP¥114.99b
Debt
Interest coverage ratio | 87.2x |
Cash | JP¥74.55b |
Equity | JP¥267.82b |
Total liabilities | JP¥212.45b |
Total assets | JP¥480.26b |
Recent financial health updates
Recent updates
Tokuyama's (TSE:4043) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 25Tokuyama's (TSE:4043) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 11Investors Continue Waiting On Sidelines For Tokuyama Corporation (TSE:4043)
Jun 04We Think Tokuyama (TSE:4043) Is Taking Some Risk With Its Debt
Apr 26Tokuyama Corporation's (TSE:4043) Intrinsic Value Is Potentially 66% Above Its Share Price
Apr 11Tokuyama (TSE:4043) Has Announced A Dividend Of ¥35.00
Mar 15Investors Could Be Concerned With Tokuyama's (TSE:4043) Returns On Capital
Feb 29Financial Position Analysis
Short Term Liabilities: 4043's short term assets (¥236.9B) exceed its short term liabilities (¥98.0B).
Long Term Liabilities: 4043's short term assets (¥236.9B) exceed its long term liabilities (¥114.4B).
Debt to Equity History and Analysis
Debt Level: 4043's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: 4043's debt to equity ratio has reduced from 74.6% to 42.9% over the past 5 years.
Debt Coverage: 4043's debt is well covered by operating cash flow (48.6%).
Interest Coverage: 4043's interest payments on its debt are well covered by EBIT (87.2x coverage).