Tokatsu HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Tokatsu HoldingsLtd has a total shareholder equity of ¥5.2B and total debt of ¥835.0M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are ¥7.5B and ¥2.3B respectively. Tokatsu HoldingsLtd's EBIT is ¥481.0M making its interest coverage ratio 120.3. It has cash and short-term investments of ¥2.5B.
Key information
16.0%
Debt to equity ratio
JP¥835.00m
Debt
| Interest coverage ratio | 120.3x |
| Cash | JP¥2.49b |
| Equity | JP¥5.20b |
| Total liabilities | JP¥2.27b |
| Total assets | JP¥7.47b |
Recent financial health updates
Recent updates
Is Tokatsu Holdings Co.,Ltd.'s (TYO:2754) 2.3% Dividend Worth Your Time?
Apr 20
Returns On Capital At Tokatsu HoldingsLtd (TYO:2754) Paint An Interesting Picture
Mar 02Here's Why Tokatsu Holdings (TYO:2754) Can Manage Its Debt Responsibly
Jan 23Three Things You Should Check Before Buying Tokatsu Holdings Co., Ltd. (TYO:2754) For Its Dividend
Dec 28Our Take On The Returns On Capital At Tokatsu Holdings (TYO:2754)
Dec 02Financial Position Analysis
Short Term Liabilities: 2754's short term assets (¥4.0B) exceed its short term liabilities (¥1.9B).
Long Term Liabilities: 2754's short term assets (¥4.0B) exceed its long term liabilities (¥395.0M).
Debt to Equity History and Analysis
Debt Level: 2754 has more cash than its total debt.
Reducing Debt: 2754's debt to equity ratio has reduced from 26.3% to 16% over the past 5 years.
Debt Coverage: 2754's debt is well covered by operating cash flow (47.3%).
Interest Coverage: 2754's interest payments on its debt are well covered by EBIT (120.3x coverage).