Tokyo Printing Ink Mfg Balance Sheet Health
Financial Health criteria checks 6/6
Tokyo Printing Ink Mfg has a total shareholder equity of ¥29.4B and total debt of ¥7.4B, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are ¥52.5B and ¥23.1B respectively. Tokyo Printing Ink Mfg's EBIT is ¥769.0M making its interest coverage ratio -5.6. It has cash and short-term investments of ¥3.7B.
Key information
25.1%
Debt to equity ratio
JP¥7.38b
Debt
Interest coverage ratio | -5.6x |
Cash | JP¥3.74b |
Equity | JP¥29.40b |
Total liabilities | JP¥23.07b |
Total assets | JP¥52.47b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4635's short term assets (¥31.1B) exceed its short term liabilities (¥18.1B).
Long Term Liabilities: 4635's short term assets (¥31.1B) exceed its long term liabilities (¥5.0B).
Debt to Equity History and Analysis
Debt Level: 4635's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: 4635's debt to equity ratio has reduced from 28.9% to 25.1% over the past 5 years.
Debt Coverage: 4635's debt is well covered by operating cash flow (27%).
Interest Coverage: 4635 earns more interest than it pays, so coverage of interest payments is not a concern.