Aichi Tokei Denki Balance Sheet Health
Financial Health criteria checks 6/6
Aichi Tokei Denki has a total shareholder equity of ¥41.4B and total debt of ¥869.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥56.3B and ¥14.9B respectively. Aichi Tokei Denki's EBIT is ¥5.0B making its interest coverage ratio -20.8. It has cash and short-term investments of ¥9.8B.
Key information
2.1%
Debt to equity ratio
JP¥869.00m
Debt
Interest coverage ratio | -20.8x |
Cash | JP¥9.77b |
Equity | JP¥41.42b |
Total liabilities | JP¥14.88b |
Total assets | JP¥56.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7723's short term assets (¥35.6B) exceed its short term liabilities (¥9.2B).
Long Term Liabilities: 7723's short term assets (¥35.6B) exceed its long term liabilities (¥5.7B).
Debt to Equity History and Analysis
Debt Level: 7723 has more cash than its total debt.
Reducing Debt: 7723's debt to equity ratio has reduced from 24.4% to 2.1% over the past 5 years.
Debt Coverage: 7723's debt is well covered by operating cash flow (63.4%).
Interest Coverage: 7723 earns more interest than it pays, so coverage of interest payments is not a concern.