TOKYO BASELtd Balance Sheet Health
Financial Health criteria checks 4/6
TOKYO BASELtd has a total shareholder equity of ¥4.5B and total debt of ¥5.0B, which brings its debt-to-equity ratio to 112.3%. Its total assets and total liabilities are ¥11.4B and ¥7.0B respectively. TOKYO BASELtd's EBIT is ¥1.1B making its interest coverage ratio 37.6. It has cash and short-term investments of ¥3.8B.
Key information
112.3%
Debt to equity ratio
JP¥5.01b
Debt
| Interest coverage ratio | 37.6x |
| Cash | JP¥3.83b |
| Equity | JP¥4.46b |
| Total liabilities | JP¥6.99b |
| Total assets | JP¥11.45b |
Recent financial health updates
Recent updates
At JP¥251, Is It Time To Put TOKYO BASE Co.,Ltd. (TSE:3415) On Your Watch List?
Oct 21
TOKYO BASELtd's (TSE:3415) Solid Earnings Have Been Accounted For Conservatively
Sep 24Does TOKYO BASELtd (TSE:3415) Have A Healthy Balance Sheet?
Aug 07TOKYO BASELtd's (TSE:3415) Performance Is Even Better Than Its Earnings Suggest
Mar 25TOKYO BASE Co.,Ltd.'s (TSE:3415) Shareholders Might Be Looking For Exit
Mar 14Financial Position Analysis
Short Term Liabilities: 3415's short term assets (¥8.2B) exceed its short term liabilities (¥4.6B).
Long Term Liabilities: 3415's short term assets (¥8.2B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 3415's net debt to equity ratio (26.4%) is considered satisfactory.
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 not well covered by operating cash flow (19.3%).
Interest Coverage: 3415's interest payments on its debt are well covered by EBIT (37.6x coverage).