Tokyo Communications GroupInc Balance Sheet Health
Financial Health criteria checks 4/6
Tokyo Communications GroupInc has a total shareholder equity of ¥913.0M and total debt of ¥1.9B, which brings its debt-to-equity ratio to 209.4%. Its total assets and total liabilities are ¥3.9B and ¥3.0B respectively.
Key information
209.4%
Debt to equity ratio
JP¥1.91b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥826.00m |
| Equity | JP¥913.00m |
| Total liabilities | JP¥3.00b |
| Total assets | JP¥3.92b |
Financial Position Analysis
Short Term Liabilities: 7359's short term assets (¥1.6B) exceed its short term liabilities (¥1.5B).
Long Term Liabilities: 7359's short term assets (¥1.6B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: 7359's net debt to equity ratio (118.9%) is considered high.
Reducing Debt: 7359's debt to equity ratio has increased from 0% to 209.4% 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: 7359 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 7359 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 81.8% each year