Tokyo Printing Ink Mfg Balance Sheet Health
Financial Health criteria checks 5/6
Tokyo Printing Ink Mfg has a total shareholder equity of ¥29.6B and total debt of ¥7.4B, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are ¥50.3B and ¥20.7B respectively. Tokyo Printing Ink Mfg's EBIT is ¥783.0M making its interest coverage ratio -6.1. It has cash and short-term investments of ¥3.2B.
Key information
25.1%
Debt to equity ratio
JP¥7.44b
Debt
| Interest coverage ratio | -6.1x |
| Cash | JP¥3.18b |
| Equity | JP¥29.61b |
| Total liabilities | JP¥20.70b |
| Total assets | JP¥50.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4635's short term assets (¥28.6B) exceed its short term liabilities (¥16.4B).
Long Term Liabilities: 4635's short term assets (¥28.6B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 4635's net debt to equity ratio (14.4%) is considered satisfactory.
Reducing Debt: 4635's debt to equity ratio has reduced from 33% to 25.1% over the past 5 years.
Debt Coverage: 4635's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: 4635 earns more interest than it pays, so coverage of interest payments is not a concern.