TKCBF (Tokai Carbon Co) Debt-to-Asset : 0.32 (As of Jun. 2026)

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TKCBF Tokai Carbon Co Ltd TKCBF
71 GF Score
Price $9.22
GF Value $6.64
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Tokai Carbon Co Debt-to-Asset?

Tokai Carbon Co TKCBF 71 Debt-to-Asset is 0.32 as of Jun. 2026. GuruFocus rates TKCBF with a GF Score™ of 71/100 and a GF Value™ of $6.64 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Tokai Carbon Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $376 Mil. Tokai Carbon Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $975 Mil. Tokai Carbon Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $4,250 Mil. Tokai Carbon Co's debt to asset for the quarter that ended in Jun. 2026 was 0.32.

Tokai Carbon Co  (OTCPK:TKCBF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Tokai Carbon Co Debt-to-Asset Related Terms

Tokai Carbon Co Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Tokai Carbon Co's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tokai Carbon Co Debt-to-Asset Chart

Tokai Carbon Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.30 0.27 0.31 0.31

Tokai Carbon Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.33 0.31 0.31 0.32

TKCBF vs LIN, SHW, ECL: Debt-to-Asset Comparison

For the Specialty Chemicals subindustry, Tokai Carbon Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tokai Carbon Co Debt-to-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tokai Carbon Co's Debt-to-Asset falls into.


TKCBF
71GF Score
Tokai Carbon Co Ltd TKCBF
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokai Carbon Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tokai Carbon Co's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(436.751 + 893.083) / 4258.942
=0.31

Tokai Carbon Co's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(375.928 + 975.051) / 4250.171
=0.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.32 mean?
Tokai Carbon Co (TKCBF) has a Debt-to-Asset of 0.32 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Tokai Carbon Co and its competitors.
Is Tokai Carbon Co's Debt-to-Asset too high?
Tokai Carbon Co's current Debt-to-Asset is 0.32. Overall, Tokai Carbon Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Carbon Co's Debt-to-Asset compare to LIN and SHW?
Tokai Carbon Co's Debt-to-Asset of 0.32 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Chemicals company?
A good Debt-to-Asset depends on the Chemicals industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Tokai Carbon Co and its competitors. Tokai Carbon Co's current Debt-to-Asset is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Carbon Co (TKCBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.64, compared to a current price of $9.22 — trading 38.9% above its estimated fair value. The current Debt-to-Asset is 0.32. Tokai Carbon Co's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Tokai Carbon Co (TKCBF), the current Debt-to-Asset is 0.32 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tokai Carbon Co (TKCBF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokai Carbon Co stock appears to be overvalued. The current stock price of $9.22 is trading 38.9% above its estimated GF Value™ of $6.64. GuruFocus considers Tokai Carbon Co to be Significantly Overvalued.

Key valuation signals for TKCBF:

  • Debt-to-Asset: 0.32
  • GF Value™: $6.64 vs. price of $9.22 (38.9% above fair value)
  • GF Score™: 71/100 with 8 warning signs

No single metric tells the full story. See the TKCBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tokai Carbon Co Business Description

Address 1-2-3 Kita Aoyama Building, Minato-ku, Tokyo, JPN, 107-8636
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.
71GF Score

Get the complete analysis for TKCBF

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.22
Price
$6.64
GF Value