TIS Balance Sheet Health
Financial Health criteria checks 6/6
TIS has a total shareholder equity of ¥328.4B and total debt of ¥32.3B, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are ¥493.3B and ¥164.9B respectively. TIS's EBIT is ¥66.5B making its interest coverage ratio -76.5. It has cash and short-term investments of ¥89.4B.
Key information
9.8%
Debt to equity ratio
JP¥32.30b
Debt
Interest coverage ratio | -76.5x |
Cash | JP¥89.42b |
Equity | JP¥328.39b |
Total liabilities | JP¥164.91b |
Total assets | JP¥493.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4HO's short term assets (¥259.6B) exceed its short term liabilities (¥108.2B).
Long Term Liabilities: 4HO's short term assets (¥259.6B) exceed its long term liabilities (¥56.7B).
Debt to Equity History and Analysis
Debt Level: 4HO has more cash than its total debt.
Reducing Debt: 4HO's debt to equity ratio has reduced from 11.8% to 9.8% over the past 5 years.
Debt Coverage: 4HO's debt is well covered by operating cash flow (153.6%).
Interest Coverage: 4HO earns more interest than it pays, so coverage of interest payments is not a concern.