Tokatsu HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Tokatsu HoldingsLtd has a total shareholder equity of ¥5.3B and total debt of ¥814.0M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are ¥7.9B and ¥2.6B respectively. Tokatsu HoldingsLtd's EBIT is ¥604.0M making its interest coverage ratio 151. It has cash and short-term investments of ¥2.8B.
Key information
15.3%
Debt to equity ratio
JP¥814.00m
Debt
Interest coverage ratio | 151x |
Cash | JP¥2.78b |
Equity | JP¥5.33b |
Total liabilities | JP¥2.57b |
Total assets | JP¥7.91b |
Recent financial health updates
Recent updates
Is Now The Time To Put Tokatsu HoldingsLtd (TSE:2754) On Your Watchlist?
Aug 09Is Tokatsu Holdings Co.,Ltd.'s (TYO:2754) 2.3% Dividend Worth Your Time?
Apr 20Returns 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 (¥4.5B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 2754's short term assets (¥4.5B) exceed its long term liabilities (¥413.0M).
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 21.6% to 15.3% over the past 5 years.
Debt Coverage: 2754's debt is well covered by operating cash flow (78%).
Interest Coverage: 2754's interest payments on its debt are well covered by EBIT (151x coverage).