Tokyo Theatres Company Balance Sheet Health
Financial Health criteria checks 5/6
Tokyo Theatres Company has a total shareholder equity of ¥15.6B and total debt of ¥4.8B, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are ¥28.0B and ¥12.4B respectively. Tokyo Theatres Company's EBIT is ¥8.0M making its interest coverage ratio -0.2. It has cash and short-term investments of ¥4.4B.
Key information
30.4%
Debt to equity ratio
JP¥4.75b
Debt
| Interest coverage ratio | -0.2x |
| Cash | JP¥4.36b |
| Equity | JP¥15.61b |
| Total liabilities | JP¥12.35b |
| Total assets | JP¥27.96b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9633's short term assets (¥9.8B) exceed its short term liabilities (¥5.0B).
Long Term Liabilities: 9633's short term assets (¥9.8B) exceed its long term liabilities (¥7.4B).
Debt to Equity History and Analysis
Debt Level: 9633's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: 9633's debt to equity ratio has reduced from 31% to 30.4% over the past 5 years.
Debt Coverage: 9633's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: 9633 earns more interest than it pays, so coverage of interest payments is not a concern.