TKP Balance Sheet Health
Financial Health criteria checks 5/6
TKP has a total shareholder equity of ¥46.8B and total debt of ¥36.3B, which brings its debt-to-equity ratio to 77.5%. Its total assets and total liabilities are ¥99.4B and ¥52.6B respectively. TKP's EBIT is ¥4.6B making its interest coverage ratio 18.5. It has cash and short-term investments of ¥25.7B.
Key information
77.5%
Debt to equity ratio
JP¥36.27b
Debt
| Interest coverage ratio | 18.5x |
| Cash | JP¥25.67b |
| Equity | JP¥46.78b |
| Total liabilities | JP¥52.63b |
| Total assets | JP¥99.41b |
Recent financial health updates
Recent updates
TKP Corporation's (TSE:3479) 26% Cheaper Price Remains In Tune With Revenues
Oct 22
TKP (TSE:3479) Seems To Use Debt Quite Sensibly
Oct 16Investors Appear Satisfied With TKP Corporation's (TSE:3479) Prospects As Shares Rocket 27%
Jul 23Industry Analysts Just Made A Substantial Upgrade To Their TKP Corporation (TSE:3479) Revenue Forecasts
Jul 17Shareholders Should Be Pleased With TKP Corporation's (TSE:3479) Price
May 29Concerns Surrounding TKP's (TSE:3479) Performance
Apr 23TKP Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Apr 19Financial Position Analysis
Short Term Liabilities: 3479's short term assets (¥43.3B) exceed its short term liabilities (¥23.5B).
Long Term Liabilities: 3479's short term assets (¥43.3B) exceed its long term liabilities (¥29.1B).
Debt to Equity History and Analysis
Debt Level: 3479's net debt to equity ratio (22.7%) is considered satisfactory.
Reducing Debt: 3479's debt to equity ratio has reduced from 296.1% to 77.5% over the past 5 years.
Debt Coverage: 3479's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: 3479's interest payments on its debt are well covered by EBIT (18.5x coverage).