TV TOKYO Holdings Balance Sheet Health
Financial Health criteria checks 6/6
TV TOKYO Holdings has a total shareholder equity of ¥96.2B and total debt of ¥5.8B, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are ¥139.3B and ¥43.1B respectively. TV TOKYO Holdings's EBIT is ¥6.8B making its interest coverage ratio -12.5. It has cash and short-term investments of ¥36.3B.
Key information
6.0%
Debt to equity ratio
JP¥5.75b
Debt
Interest coverage ratio | -12.5x |
Cash | JP¥36.33b |
Equity | JP¥96.23b |
Total liabilities | JP¥43.07b |
Total assets | JP¥139.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9413's short term assets (¥84.0B) exceed its short term liabilities (¥38.7B).
Long Term Liabilities: 9413's short term assets (¥84.0B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 9413 has more cash than its total debt.
Reducing Debt: 9413's debt to equity ratio has reduced from 6% to 6% over the past 5 years.
Debt Coverage: 9413's debt is well covered by operating cash flow (120.2%).
Interest Coverage: 9413 earns more interest than it pays, so coverage of interest payments is not a concern.