Tokyo Tekko Balance Sheet Health
Financial Health criteria checks 6/6
Tokyo Tekko has a total shareholder equity of ¥53.5B and total debt of ¥5.8B, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are ¥73.7B and ¥20.2B respectively. Tokyo Tekko's EBIT is ¥11.9B making its interest coverage ratio -194.4. It has cash and short-term investments of ¥13.2B.
Key information
10.8%
Debt to equity ratio
JP¥5.78b
Debt
| Interest coverage ratio | -194.4x |
| Cash | JP¥13.18b |
| Equity | JP¥53.50b |
| Total liabilities | JP¥20.18b |
| Total assets | JP¥73.68b |
Financial Position Analysis
Short Term Liabilities: 5445's short term assets (¥36.8B) exceed its short term liabilities (¥12.5B).
Long Term Liabilities: 5445's short term assets (¥36.8B) exceed its long term liabilities (¥7.6B).
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 15.1% to 10.8% over the past 5 years.
Debt Coverage: 5445's debt is well covered by operating cash flow (209%).
Interest Coverage: 5445 earns more interest than it pays, so coverage of interest payments is not a concern.