TKP Balance Sheet Health
Financial Health criteria checks 5/6
TKP has a total shareholder equity of ¥39.9B and total debt of ¥32.9B, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are ¥79.3B and ¥39.4B respectively. TKP's EBIT is ¥4.6B making its interest coverage ratio 18.3. It has cash and short-term investments of ¥32.1B.
Key information
82.4%
Debt to equity ratio
JP¥32.89b
Debt
Interest coverage ratio | 18.3x |
Cash | JP¥32.07b |
Equity | JP¥39.89b |
Total liabilities | JP¥39.44b |
Total assets | JP¥79.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3479's short term assets (¥37.4B) exceed its short term liabilities (¥10.6B).
Long Term Liabilities: 3479's short term assets (¥37.4B) exceed its long term liabilities (¥28.9B).
Debt to Equity History and Analysis
Debt Level: 3479's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: 3479's debt to equity ratio has reduced from 333.7% to 82.4% over the past 5 years.
Debt Coverage: 3479's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: 3479's interest payments on its debt are well covered by EBIT (18.3x coverage).