Tokuyama Balance Sheet Health
Financial Health criteria checks 6/6
Tokuyama has a total shareholder equity of ¥259.9B and total debt of ¥99.7B, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are ¥457.4B and ¥197.4B respectively. Tokuyama's EBIT is ¥25.6B making its interest coverage ratio 47.9. It has cash and short-term investments of ¥48.7B.
Key information
38.4%
Debt to equity ratio
JP¥99.72b
Debt
Interest coverage ratio | 47.9x |
Cash | JP¥48.68b |
Equity | JP¥259.95b |
Total liabilities | JP¥197.41b |
Total assets | JP¥457.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKYM.Y's short term assets (¥217.8B) exceed its short term liabilities (¥103.9B).
Long Term Liabilities: TKYM.Y's short term assets (¥217.8B) exceed its long term liabilities (¥93.5B).
Debt to Equity History and Analysis
Debt Level: TKYM.Y's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: TKYM.Y's debt to equity ratio has reduced from 77.3% to 38.4% over the past 5 years.
Debt Coverage: TKYM.Y's debt is well covered by operating cash flow (56%).
Interest Coverage: TKYM.Y's interest payments on its debt are well covered by EBIT (47.9x coverage).