Tokyo Cosmos Electric Balance Sheet Health
Financial Health criteria checks 6/6
Tokyo Cosmos Electric has a total shareholder equity of ¥7.2B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are ¥12.6B and ¥5.4B respectively. Tokyo Cosmos Electric's EBIT is ¥1.1B making its interest coverage ratio 101.5. It has cash and short-term investments of ¥3.8B.
Key information
28.4%
Debt to equity ratio
JP¥2.05b
Debt
| Interest coverage ratio | 101.5x |
| Cash | JP¥3.83b |
| Equity | JP¥7.20b |
| Total liabilities | JP¥5.39b |
| Total assets | JP¥12.58b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Tokyo Cosmos Electric (TSE:6772) Is Using Debt Safely
Aug 05
Lacklustre Performance Is Driving Tokyo Cosmos Electric Co., Ltd.'s (TSE:6772) 28% Price Drop
Aug 05Tokyo Cosmos Electric (TSE:6772) Is Paying Out A Larger Dividend Than Last Year
Mar 12Tokyo Cosmos Electric's (TSE:6772) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27Financial Position Analysis
Short Term Liabilities: 6772's short term assets (¥8.3B) exceed its short term liabilities (¥3.0B).
Long Term Liabilities: 6772's short term assets (¥8.3B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 6772 has more cash than its total debt.
Reducing Debt: 6772's debt to equity ratio has reduced from 101% to 28.4% over the past 5 years.
Debt Coverage: 6772's debt is well covered by operating cash flow (79.7%).
Interest Coverage: 6772's interest payments on its debt are well covered by EBIT (101.5x coverage).