TOKYO BASELtd Balance Sheet Health
Financial Health criteria checks 5/6
TOKYO BASELtd has a total shareholder equity of ¥4.5B and total debt of ¥3.7B, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are ¥10.9B and ¥6.4B respectively. TOKYO BASELtd's EBIT is ¥947.0M making its interest coverage ratio 30.5. It has cash and short-term investments of ¥2.4B.
Key information
83.8%
Debt to equity ratio
JP¥3.74b
Debt
Interest coverage ratio | 30.5x |
Cash | JP¥2.39b |
Equity | JP¥4.46b |
Total liabilities | JP¥6.40b |
Total assets | JP¥10.86b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3415's short term assets (¥7.6B) exceed its short term liabilities (¥4.7B).
Long Term Liabilities: 3415's short term assets (¥7.6B) exceed its long term liabilities (¥1.7B).
Debt to Equity History and Analysis
Debt Level: 3415's net debt to equity ratio (30.2%) 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 well covered by operating cash flow (22.2%).
Interest Coverage: 3415's interest payments on its debt are well covered by EBIT (30.5x coverage).