Tokai Carbon Balance Sheet Health
Financial Health criteria checks 6/6
Tokai Carbon has a total shareholder equity of ¥362.4B and total debt of ¥179.8B, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are ¥651.1B and ¥288.7B respectively. Tokai Carbon's EBIT is ¥24.2B making its interest coverage ratio -40.4. It has cash and short-term investments of ¥78.3B.
Key information
49.6%
Debt to equity ratio
JP¥179.80b
Debt
| Interest coverage ratio | -40.4x |
| Cash | JP¥78.25b |
| Equity | JP¥362.43b |
| Total liabilities | JP¥288.69b |
| Total assets | JP¥651.12b |
Recent financial health updates
Tokai Carbon (TSE:5301) Has A Somewhat Strained Balance Sheet
Sep 19
These 4 Measures Indicate That Tokai Carbon (TSE:5301) Is Using Debt Extensively
Jun 07Tokai Carbon (TSE:5301) Has A Somewhat Strained Balance Sheet
Mar 02Recent updates
Tokai Carbon (TSE:5301) Is Due To Pay A Dividend Of ¥15.00
Dec 08Tokai Carbon's (TSE:5301) Dividend Will Be ¥15.00
Sep 24Tokai Carbon (TSE:5301) Has A Somewhat Strained Balance Sheet
Sep 19Tokai Carbon's (TSE:5301) Dividend Will Be ¥15.00
Aug 25Tokai Carbon (TSE:5301) Is Due To Pay A Dividend Of ¥15.00
Aug 10Tokai Carbon Co., Ltd.'s (TSE:5301) Shares Not Telling The Full Story
Jul 17These 4 Measures Indicate That Tokai Carbon (TSE:5301) Is Using Debt Extensively
Jun 07Tokai Carbon's (TSE:5301) Dividend Will Be Reduced To ¥15.00
May 10Insufficient Growth At Tokai Carbon Co., Ltd. (TSE:5301) Hampers Share Price
Apr 14Tokai Carbon (TSE:5301) Has A Somewhat Strained Balance Sheet
Mar 02Financial Position Analysis
Short Term Liabilities: 5301's short term assets (¥257.4B) exceed its short term liabilities (¥95.8B).
Long Term Liabilities: 5301's short term assets (¥257.4B) exceed its long term liabilities (¥192.9B).
Debt to Equity History and Analysis
Debt Level: 5301's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: 5301's debt to equity ratio has reduced from 67.4% to 49.6% over the past 5 years.
Debt Coverage: 5301's debt is well covered by operating cash flow (33.5%).
Interest Coverage: 5301 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 01:03 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tokai Carbon Co., Ltd. is covered by 17 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Takashi Enomoto | BofA Global Research |
| Atsushi Ikeda | Citigroup Inc |
| null null | Company Forecast |