Tokyo Board Industries Balance Sheet Health
Financial Health criteria checks 4/6
Tokyo Board Industries has a total shareholder equity of ¥2.3B and total debt of ¥7.5B, which brings its debt-to-equity ratio to 319.6%. Its total assets and total liabilities are ¥12.3B and ¥9.9B respectively.
Key information
319.6%
Debt to equity ratio
JP¥7.45b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥1.97b |
| Equity | JP¥2.33b |
| Total liabilities | JP¥9.95b |
| Total assets | JP¥12.28b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7815's short term assets (¥5.3B) do not cover its short term liabilities (¥6.3B).
Long Term Liabilities: 7815's short term assets (¥5.3B) exceed its long term liabilities (¥3.6B).
Debt to Equity History and Analysis
Debt Level: 7815's net debt to equity ratio (234.9%) is considered high.
Reducing Debt: 7815's debt to equity ratio has reduced from 734.4% to 319.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 7815 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 7815 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 52.9% per year.