Tokyo KisenLtd Balance Sheet Health
Financial Health criteria checks 5/6
Tokyo KisenLtd has a total shareholder equity of ¥22.4B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are ¥29.0B and ¥6.6B respectively. Tokyo KisenLtd's EBIT is ¥430.0M making its interest coverage ratio -17.9. It has cash and short-term investments of ¥7.6B.
Key information
9.9%
Debt to equity ratio
JP¥2.21b
Debt
Interest coverage ratio | -17.9x |
Cash | JP¥7.57b |
Equity | JP¥22.41b |
Total liabilities | JP¥6.59b |
Total assets | JP¥28.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9193's short term assets (¥10.6B) exceed its short term liabilities (¥3.1B).
Long Term Liabilities: 9193's short term assets (¥10.6B) exceed its long term liabilities (¥3.5B).
Debt to Equity History and Analysis
Debt Level: 9193 has more cash than its total debt.
Reducing Debt: 9193's debt to equity ratio has increased from 9% to 9.9% over the past 5 years.
Debt Coverage: 9193's debt is well covered by operating cash flow (45.5%).
Interest Coverage: 9193 earns more interest than it pays, so coverage of interest payments is not a concern.