Tokuyama Balance Sheet Health
Financial Health criteria checks 5/6
Tokuyama has a total shareholder equity of ¥241.6B and total debt of ¥137.2B, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are ¥478.3B and ¥236.7B respectively. Tokuyama's EBIT is ¥14.3B making its interest coverage ratio 17.2. It has cash and short-term investments of ¥68.1B.
Key information
56.8%
Debt to equity ratio
JP¥137.23b
Debt
| Interest coverage ratio | 17.2x |
| Cash | JP¥68.08b |
| Equity | JP¥241.60b |
| Total liabilities | JP¥236.74b |
| Total assets | JP¥478.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKYM.F's short term assets (¥253.7B) exceed its short term liabilities (¥88.2B).
Long Term Liabilities: TKYM.F's short term assets (¥253.7B) exceed its long term liabilities (¥148.5B).
Debt to Equity History and Analysis
Debt Level: TKYM.F's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: TKYM.F's debt to equity ratio has reduced from 100.9% to 56.8% over the past 5 years.
Debt Coverage: TKYM.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TKYM.F's interest payments on its debt are well covered by EBIT (17.2x coverage).