T&K Toka Balance Sheet Health
Financial Health criteria checks 6/6
T&K Toka has a total shareholder equity of ¥52.3B and total debt of ¥4.5B, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are ¥72.0B and ¥19.8B respectively. T&K Toka's EBIT is ¥663.0M making its interest coverage ratio -3.2. It has cash and short-term investments of ¥6.7B.
Key information
8.5%
Debt to equity ratio
JP¥4.46b
Debt
| Interest coverage ratio | -3.2x |
| Cash | JP¥6.69b |
| Equity | JP¥52.25b |
| Total liabilities | JP¥19.75b |
| Total assets | JP¥72.00b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4636's short term assets (¥32.4B) exceed its short term liabilities (¥17.2B).
Long Term Liabilities: 4636's short term assets (¥32.4B) exceed its long term liabilities (¥2.6B).
Debt to Equity History and Analysis
Debt Level: 4636 has more cash than its total debt.
Reducing Debt: 4636's debt to equity ratio has reduced from 13.5% to 8.5% over the past 5 years.
Debt Coverage: 4636's debt is well covered by operating cash flow (43.2%).
Interest Coverage: 4636 earns more interest than it pays, so coverage of interest payments is not a concern.