Nihon Tokushu Toryo Co., Ltd.

TSE:4619 Stock Report

Market Cap: JP¥24.9b

Nihon Tokushu Toryo Balance Sheet Health

Financial Health criteria checks 6/6

Nihon Tokushu Toryo has a total shareholder equity of ¥60.6B and total debt of ¥3.9B, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are ¥85.6B and ¥25.0B respectively. Nihon Tokushu Toryo's EBIT is ¥4.1B making its interest coverage ratio -11.2. It has cash and short-term investments of ¥13.7B.

Key information

6.4%

Debt to equity ratio

JP¥3.91b

Debt

Interest coverage ratio-11.2x
CashJP¥13.71b
EquityJP¥60.63b
Total liabilitiesJP¥24.99b
Total assetsJP¥85.62b

Recent financial health updates

Recent updates

Nihon Tokushu Toryo (TSE:4619) Will Pay A Dividend Of ¥22.00

Sep 11
Nihon Tokushu Toryo (TSE:4619) Will Pay A Dividend Of ¥22.00

Nihon Tokushu Toryo (TSE:4619) Will Pay A Dividend Of ¥22.00

Aug 12
Nihon Tokushu Toryo (TSE:4619) Will Pay A Dividend Of ¥22.00

Nihon Tokushu Toryo's (TSE:4619) Dividend Will Be ¥22.00

Jul 25
Nihon Tokushu Toryo's (TSE:4619) Dividend Will Be ¥22.00

Nihon Tokushu Toryo (TSE:4619) Is Due To Pay A Dividend Of ¥22.00

Jul 11
Nihon Tokushu Toryo (TSE:4619) Is Due To Pay A Dividend Of ¥22.00

Nihon Tokushu Toryo (TSE:4619) Has A Rock Solid Balance Sheet

May 09
Nihon Tokushu Toryo (TSE:4619) Has A Rock Solid Balance Sheet

Nihon Tokushu Toryo's (TSE:4619) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 15
Nihon Tokushu Toryo's (TSE:4619) Shareholders Will Receive A Bigger Dividend Than Last Year

Financial Position Analysis

Short Term Liabilities: 4619's short term assets (¥36.0B) exceed its short term liabilities (¥18.7B).

Long Term Liabilities: 4619's short term assets (¥36.0B) exceed its long term liabilities (¥6.3B).


Debt to Equity History and Analysis

Debt Level: 4619 has more cash than its total debt.

Reducing Debt: 4619's debt to equity ratio has reduced from 18.1% to 6.4% over the past 5 years.

Debt Coverage: 4619's debt is well covered by operating cash flow (238.4%).

Interest Coverage: 4619 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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