Tokyo Tatemono Balance Sheet Health
Financial Health criteria checks 3/6
Tokyo Tatemono has a total shareholder equity of ¥534.0B and total debt of ¥1,224.1B, which brings its debt-to-equity ratio to 229.2%. Its total assets and total liabilities are ¥2,040.8B and ¥1,506.8B respectively. Tokyo Tatemono's EBIT is ¥89.1B making its interest coverage ratio 26.2. It has cash and short-term investments of ¥102.7B.
Key information
229.2%
Debt to equity ratio
JP¥1.22t
Debt
| Interest coverage ratio | 26.2x |
| Cash | JP¥102.74b |
| Equity | JP¥534.03b |
| Total liabilities | JP¥1.51t |
| Total assets | JP¥2.04t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYTM.F's short term assets (¥699.9B) exceed its short term liabilities (¥276.1B).
Long Term Liabilities: TYTM.F's short term assets (¥699.9B) do not cover its long term liabilities (¥1,230.7B).
Debt to Equity History and Analysis
Debt Level: TYTM.F's net debt to equity ratio (210%) is considered high.
Reducing Debt: TYTM.F's debt to equity ratio has reduced from 255.1% to 229.2% over the past 5 years.
Debt Coverage: TYTM.F's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: TYTM.F's interest payments on its debt are well covered by EBIT (26.2x coverage).