Tokyo Communications GroupInc Balance Sheet Health
Financial Health criteria checks 5/6
Tokyo Communications GroupInc has a total shareholder equity of ¥1.7B and total debt of ¥1.9B, which brings its debt-to-equity ratio to 111.8%. Its total assets and total liabilities are ¥5.0B and ¥3.2B respectively.
Key information
111.8%
Debt to equity ratio
JP¥1.95b
Debt
Interest coverage ratio | n/a |
Cash | JP¥1.44b |
Equity | JP¥1.74b |
Total liabilities | JP¥3.23b |
Total assets | JP¥4.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7359's short term assets (¥2.4B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 7359's short term assets (¥2.4B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 7359's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: 7359's debt to equity ratio has increased from 0% to 111.8% 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 76.4% each year