TOKYO BASELtd Balance Sheet Health
Financial Health criteria checks 5/6
TOKYO BASELtd has a total shareholder equity of ¥5.5B and total debt of ¥4.1B, which brings its debt-to-equity ratio to 74.3%. Its total assets and total liabilities are ¥11.9B and ¥6.4B respectively. TOKYO BASELtd's EBIT is ¥881.0M making its interest coverage ratio 25.9. It has cash and short-term investments of ¥4.2B.
Key information
74.3%
Debt to equity ratio
JP¥4.11b
Debt
Interest coverage ratio | 25.9x |
Cash | JP¥4.16b |
Equity | JP¥5.53b |
Total liabilities | JP¥6.36b |
Total assets | JP¥11.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3415's short term assets (¥8.7B) exceed its short term liabilities (¥4.3B).
Long Term Liabilities: 3415's short term assets (¥8.7B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 3415 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 3415's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 3415's debt is well covered by operating cash flow (20.1%).
Interest Coverage: 3415's interest payments on its debt are well covered by EBIT (25.9x coverage).