Tokyo Rope Mfg Balance Sheet Health
Financial Health criteria checks 4/6
Tokyo Rope Mfg has a total shareholder equity of ¥35.7B and total debt of ¥23.3B, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are ¥86.2B and ¥50.5B respectively. Tokyo Rope Mfg's EBIT is ¥3.9B making its interest coverage ratio -29. It has cash and short-term investments of ¥5.8B.
Key information
65.1%
Debt to equity ratio
JP¥23.25b
Debt
| Interest coverage ratio | -29x |
| Cash | JP¥5.78b |
| Equity | JP¥35.72b |
| Total liabilities | JP¥50.53b |
| Total assets | JP¥86.25b |
Recent financial health updates
No updates
Recent updates
Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥60.00
Dec 16
Tokyo Rope Mfg's (TSE:5981) Conservative Accounting Might Explain Soft Earnings
Nov 20Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last Year
Nov 14Not Many Are Piling Into Tokyo Rope Mfg. Co., Ltd. (TSE:5981) Stock Yet As It Plummets 28%
Aug 06We Think You Can Look Beyond Tokyo Rope Mfg's (TSE:5981) Lackluster Earnings
May 21Tokyo Rope Mfg (TSE:5981) Is Paying Out A Larger Dividend Than Last Year
Mar 25Tokyo Rope Mfg (TSE:5981) Is Increasing Its Dividend To ¥40.00
Feb 27Financial Position Analysis
Short Term Liabilities: 5981's short term assets (¥39.7B) exceed its short term liabilities (¥26.5B).
Long Term Liabilities: 5981's short term assets (¥39.7B) exceed its long term liabilities (¥24.1B).
Debt to Equity History and Analysis
Debt Level: 5981's net debt to equity ratio (48.9%) is considered high.
Reducing Debt: 5981's debt to equity ratio has reduced from 126.6% to 65.1% over the past 5 years.
Debt Coverage: 5981's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 5981 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 | 2025/01/10 04:21 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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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Industry and Sector Metrics
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Analyst Sources
Tokyo Rope Mfg. Co., Ltd. is covered by 4 analysts. 1 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 |
|---|---|
| Toshiro Yoshinaga | Aizawa Securities Co. Ltd. |
| Yoko Mizoguchi | Ichiyoshi Research Institute Inc. |
| Taichi Yasumoto | Marusan Securities Co. Ltd. |