Tokyu Balance Sheet Health
Financial Health criteria checks 1/6
Tokyu has a total shareholder equity of ¥881.3B and total debt of ¥1,227.6B, which brings its debt-to-equity ratio to 139.3%. Its total assets and total liabilities are ¥2,622.2B and ¥1,740.9B respectively. Tokyu's EBIT is ¥114.7B making its interest coverage ratio 17. It has cash and short-term investments of ¥62.5B.
Key information
139.3%
Debt to equity ratio
JP¥1.23t
Debt
| Interest coverage ratio | 17x |
| Cash | JP¥62.55b |
| Equity | JP¥881.31b |
| Total liabilities | JP¥1.74t |
| Total assets | JP¥2.62t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOKU.Y's short term assets (¥426.5B) do not cover its short term liabilities (¥659.8B).
Long Term Liabilities: TOKU.Y's short term assets (¥426.5B) do not cover its long term liabilities (¥1,081.1B).
Debt to Equity History and Analysis
Debt Level: TOKU.Y's net debt to equity ratio (132.2%) is considered high.
Reducing Debt: TOKU.Y's debt to equity ratio has increased from 128.9% to 139.3% over the past 5 years.
Debt Coverage: TOKU.Y's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: TOKU.Y's interest payments on its debt are well covered by EBIT (17x coverage).