Ratios	Dec 24	Dec 23	Dec 22	Dec 21
Liquidity Ratios
Current Ratio	―	2.57	2.19	1.91	1.99
Quick Ratio	―	2.52	2.14	1.86	1.95
Cash Ratio	―	1.13	1.42	1.27	1.74
Solvency Ratio	―	0.10	0.14	0.06	0.09
Operating Cash Flow Ratio	―	0.52	0.61	0.37	-0.78
Short-Term Operating Cash Flow Coverage	―	2.12	3.23	1.79	-3.34
Net Current Asset Value	¥ ―	¥ -8.78B	¥ -9.87B	¥ -12.10B	¥ -12.71B
Leverage Ratios
Debt-to-Assets Ratio	―	0.45	0.49	0.53	0.56
Debt-to-Equity Ratio	―	1.13	1.35	1.78	1.95
Debt-to-Capital Ratio	―	0.53	0.57	0.64	0.66
Long-Term Debt-to-Capital Ratio	―	0.50	0.54	0.60	0.62
Financial Leverage Ratio	―	2.51	2.75	3.35	3.50
Debt Service Coverage Ratio	―	2.19	3.48	1.70	2.42
Interest Coverage Ratio	―	14.50	11.36	2.37	-10.35
Debt to Market Cap	―	0.90	0.85	1.07	1.25
Interest Debt Per Share	―	3.77K	3.91K	4.05K	4.21K
Net Debt to EBITDA	―	4.13	4.81	8.00	4.78
Profitability Margins
Gross Profit Margin	―	14.26%	12.90%	7.95%	-11.08%
EBIT Margin	―	8.73%	6.55%	2.89%	13.50%
EBITDA Margin	―	14.25%	11.81%	9.42%	23.53%
Operating Profit Margin	―	8.35%	7.04%	1.78%	-20.75%
Pretax Profit Margin	―	8.16%	5.93%	2.14%	11.50%
Net Profit Margin	―	5.82%	10.32%	1.94%	10.06%
Continuous Operations Profit Margin	―	5.82%	10.32%	1.94%	10.06%
Net Income Per EBT	―	71.38%	174.06%	90.35%	87.48%
EBT Per EBIT	―	97.70%	84.18%	120.67%	-55.39%
Return on Assets (ROA)	―	3.23%	5.81%	0.99%	3.39%
Return on Equity (ROE)	―	8.12%	16.00%	3.31%	11.86%
Return on Capital Employed (ROCE)	―	5.21%	4.51%	1.03%	-7.79%
Return on Invested Capital (ROIC)	―	3.58%	7.57%	0.89%	-6.57%
Return on Tangible Assets	―	3.24%	5.81%	0.99%	3.39%
Earnings Yield	―	6.83%	11.00%	2.20%	8.54%
Efficiency Ratios
Receivables Turnover	―	20.25	23.04	22.65	21.56
Payables Turnover	―	53.75	53.42	53.47	79.49
Inventory Turnover	―	81.34	79.57	81.53	76.06
Fixed Asset Turnover	―	1.14	1.06	0.85	0.54
Asset Turnover	―	0.56	0.56	0.51	0.34
Working Capital Turnover Ratio	―	3.58	4.62	4.95	11.92
Cash Conversion Cycle	―	15.72	13.60	13.77	17.14
Days of Sales Outstanding	―	18.03	15.85	16.12	16.93
Days of Inventory Outstanding	―	4.49	4.59	4.48	4.80
Days of Payables Outstanding	―	6.79	6.83	6.83	4.59
Operating Cycle	―	22.51	20.43	20.60	21.73
Cash Flow Ratios
Operating Cash Flow Per Share	―	474.58	579.75	321.38	-600.36
Free Cash Flow Per Share	―	457.80	535.12	309.22	-642.07
CapEx Per Share	―	16.78	44.63	12.16	41.71
Free Cash Flow to Operating Cash Flow	―	0.96	0.92	0.96	1.07
Dividend Paid and CapEx Coverage Ratio	―	10.15	9.00	26.40	-14.38
Capital Expenditure Coverage Ratio	―	28.29	12.99	26.42	-14.39
Operating Cash Flow Coverage Ratio	―	0.13	0.15	0.08	-0.14
Operating Cash Flow to Sales Ratio	―	0.10	0.13	0.08	-0.24
Free Cash Flow Yield	―	11.65%	12.80%	9.11%	-21.68%
Valuation Ratios
Price-to-Earnings (P/E) Ratio	―	14.65	9.09	45.45	11.71
Price-to-Sales (P/S) Ratio	―	0.85	0.94	0.88	1.18
Price-to-Book (P/B) Ratio	―	1.19	1.45	1.51	1.39
Price-to-Free Cash Flow (P/FCF) Ratio	―	8.58	7.81	10.98	-4.61
Price-to-Operating Cash Flow Ratio	―	8.28	7.21	10.56	-4.93
Price-to-Earnings Growth (PEG) Ratio	―	-0.35	0.02	-0.65	-0.09
Price-to-Fair Value	―	1.19	1.45	1.51	1.39
Enterprise Value Multiple	―	10.11	12.75	17.34	9.79
Enterprise Value	―	22.01B	22.41B	21.05B	19.34B
EV to EBITDA	―	10.11	12.75	17.34	9.79
EV to Sales	―	1.44	1.51	1.63	2.30
EV to Free Cash Flow	―	14.51	12.54	20.38	-9.02
EV to Operating Cash Flow	―	13.99	11.57	19.61	-9.64
Tangible Book Value Per Share	―	3.30K	2.87K	2.25K	2.12K
Shareholders’ Equity Per Share	―	3.31K	2.87K	2.25K	2.13K
Tax and Other Ratios
Effective Tax Rate	―	0.29	-0.74	0.10	0.13
Revenue Per Share	―	4.61K	4.46K	3.86K	2.51K
Net Income Per Share	―	268.32	459.69	74.71	252.86
Tax Burden	―	0.71	1.74	0.90	0.87
Interest Burden	―	0.93	0.91	0.74	0.85
Research & Development to Revenue	―	0.00	0.00	0.00	0.00
SG&A to Revenue	―	<0.01	<0.01	<0.01	<0.01
Stock-Based Compensation to Revenue	―	0.00	0.00	0.00	0.00
Income Quality	―	1.77	2.20	3.89	-2.08

Tokyo Kaikan Co., Ltd. (9701) Ratios

Tokyo Kaikan Co., Ltd. Ratios