Tokai Kisen Balance Sheet Health
Financial Health criteria checks 1/6
Tokai Kisen has a total shareholder equity of ¥6.3B and total debt of ¥12.2B, which brings its debt-to-equity ratio to 192.6%. Its total assets and total liabilities are ¥22.9B and ¥16.6B respectively. Tokai Kisen's EBIT is ¥357.0M making its interest coverage ratio 3. It has cash and short-term investments of ¥5.3B.
Key information
192.6%
Debt to equity ratio
JP¥12.17b
Debt
| Interest coverage ratio | 3x |
| Cash | JP¥5.35b |
| Equity | JP¥6.32b |
| Total liabilities | JP¥16.58b |
| Total assets | JP¥22.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9173's short term assets (¥8.0B) exceed its short term liabilities (¥6.2B).
Long Term Liabilities: 9173's short term assets (¥8.0B) do not cover its long term liabilities (¥10.3B).
Debt to Equity History and Analysis
Debt Level: 9173's net debt to equity ratio (107.9%) is considered high.
Reducing Debt: 9173's debt to equity ratio has increased from 163.2% to 192.6% over the past 5 years.
Debt Coverage: 9173's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: 9173's interest payments on its debt are not well covered by EBIT (3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:35 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tokai Kisen Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Company Forecast |