Tokyo Tekko Balance Sheet Health
Financial Health criteria checks 6/6
Tokyo Tekko has a total shareholder equity of ¥50.1B and total debt of ¥7.0B, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are ¥71.4B and ¥21.3B respectively. Tokyo Tekko's EBIT is ¥8.9B making its interest coverage ratio -156.4. It has cash and short-term investments of ¥13.2B.
Key information
13.9%
Debt to equity ratio
JP¥6.95b
Debt
Interest coverage ratio | -156.4x |
Cash | JP¥13.22b |
Equity | JP¥50.14b |
Total liabilities | JP¥21.31b |
Total assets | JP¥71.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5445's short term assets (¥36.8B) exceed its short term liabilities (¥13.5B).
Long Term Liabilities: 5445's short term assets (¥36.8B) exceed its long term liabilities (¥7.8B).
Debt to Equity History and Analysis
Debt Level: 5445 has more cash than its total debt.
Reducing Debt: 5445's debt to equity ratio has reduced from 16.9% to 13.9% over the past 5 years.
Debt Coverage: 5445's debt is well covered by operating cash flow (115.6%).
Interest Coverage: 5445 earns more interest than it pays, so coverage of interest payments is not a concern.