Tokyo Koki Balance Sheet Health
Financial Health criteria checks 5/6
Tokyo Koki has a total shareholder equity of ¥1.6B and total debt of ¥781.0M, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are ¥3.6B and ¥2.0B respectively. Tokyo Koki's EBIT is ¥276.0M making its interest coverage ratio 27.6. It has cash and short-term investments of ¥855.0M.
Key information
48.8%
Debt to equity ratio
JP¥781.00m
Debt
Interest coverage ratio | 27.6x |
Cash | JP¥855.00m |
Equity | JP¥1.60b |
Total liabilities | JP¥2.05b |
Total assets | JP¥3.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7719's short term assets (¥2.7B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 7719's short term assets (¥2.7B) exceed its long term liabilities (¥773.0M).
Debt to Equity History and Analysis
Debt Level: 7719 has more cash than its total debt.
Reducing Debt: 7719's debt to equity ratio has reduced from 84% to 48.8% over the past 5 years.
Debt Coverage: 7719's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7719's interest payments on its debt are well covered by EBIT (27.6x coverage).