Tokai Kisen Balance Sheet Health
Financial Health criteria checks 1/6
Tokai Kisen has a total shareholder equity of ¥5.9B and total debt of ¥12.8B, which brings its debt-to-equity ratio to 218%. Its total assets and total liabilities are ¥22.5B and ¥16.6B respectively.
Key information
218.0%
Debt to equity ratio
JP¥12.81b
Debt
Interest coverage ratio | n/a |
Cash | JP¥4.36b |
Equity | JP¥5.87b |
Total liabilities | JP¥16.61b |
Total assets | JP¥22.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9173's short term assets (¥7.1B) exceed its short term liabilities (¥5.5B).
Long Term Liabilities: 9173's short term assets (¥7.1B) do not cover its long term liabilities (¥11.1B).
Debt to Equity History and Analysis
Debt Level: 9173's net debt to equity ratio (143.9%) is considered high.
Reducing Debt: 9173's debt to equity ratio has increased from 128.5% to 218% over the past 5 years.
Debt Coverage: 9173's debt is not well covered by operating cash flow (3%).
Interest Coverage: Insufficient data to determine if 9173's interest payments on its debt are well covered by EBIT.