Aichi Tokei Denki Balance Sheet Health
Financial Health criteria checks 6/6
Aichi Tokei Denki has a total shareholder equity of ¥44.9B and total debt of ¥700.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ¥60.2B and ¥15.3B respectively. Aichi Tokei Denki's EBIT is ¥3.2B making its interest coverage ratio -11.5. It has cash and short-term investments of ¥12.0B.
Key information
1.6%
Debt to equity ratio
JP¥700.00m
Debt
| Interest coverage ratio | -11.5x |
| Cash | JP¥12.01b |
| Equity | JP¥44.86b |
| Total liabilities | JP¥15.29b |
| Total assets | JP¥60.15b |
Recent financial health updates
No updates
Recent updates
Aichi Tokei Denki (TSE:7723) Has Announced That It Will Be Increasing Its Dividend To ¥35.00
Aug 22
Aichi Tokei Denki's (TSE:7723) Dividend Will Be Increased To ¥35.00
Aug 08Aichi Tokei Denki's (TSE:7723) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 25Aichi Tokei Denki (TSE:7723) Will Pay A Larger Dividend Than Last Year At ¥35.00
Jul 11Financial Position Analysis
Short Term Liabilities: 7723's short term assets (¥36.8B) exceed its short term liabilities (¥10.4B).
Long Term Liabilities: 7723's short term assets (¥36.8B) exceed its long term liabilities (¥4.8B).
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 22.3% to 1.6% over the past 5 years.
Debt Coverage: 7723's debt is well covered by operating cash flow (621.1%).
Interest Coverage: 7723 earns more interest than it pays, so coverage of interest payments is not a concern.