TOWA Balance Sheet Health
Financial Health criteria checks 6/6
TOWA has a total shareholder equity of ¥59.7B and total debt of ¥13.0B, which brings its debt-to-equity ratio to 21.8%. Its total assets and total liabilities are ¥87.0B and ¥27.4B respectively. TOWA's EBIT is ¥9.9B making its interest coverage ratio -28.8. It has cash and short-term investments of ¥22.0B.
Key information
21.8%
Debt to equity ratio
JP¥13.02b
Debt
| Interest coverage ratio | -28.8x |
| Cash | JP¥21.97b |
| Equity | JP¥59.68b |
| Total liabilities | JP¥27.37b |
| Total assets | JP¥87.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TWA's short term assets (¥51.3B) exceed its short term liabilities (¥21.5B).
Long Term Liabilities: TWA's short term assets (¥51.3B) exceed its long term liabilities (¥5.9B).
Debt to Equity History and Analysis
Debt Level: TWA has more cash than its total debt.
Reducing Debt: TWA's debt to equity ratio has reduced from 41.5% to 21.8% over the past 5 years.
Debt Coverage: TWA's debt is well covered by operating cash flow (74.2%).
Interest Coverage: TWA earns more interest than it pays, so coverage of interest payments is not a concern.