Nihon Tokushu Toryo Balance Sheet Health
Financial Health criteria checks 6/6
Nihon Tokushu Toryo has a total shareholder equity of ¥62.0B and total debt of ¥3.5B, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are ¥84.3B and ¥22.3B respectively. Nihon Tokushu Toryo's EBIT is ¥4.4B making its interest coverage ratio -11.8. It has cash and short-term investments of ¥12.9B.
Key information
5.7%
Debt to equity ratio
JP¥3.53b
Debt
| Interest coverage ratio | -11.8x |
| Cash | JP¥12.87b |
| Equity | JP¥62.02b |
| Total liabilities | JP¥22.28b |
| Total assets | JP¥84.30b |
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
Aug 12Nihon Tokushu Toryo's (TSE:4619) Dividend Will Be ¥22.00
Jul 25Nihon Tokushu Toryo (TSE:4619) Is Due To Pay A Dividend Of ¥22.00
Jul 11Nihon Tokushu Toryo (TSE:4619) Has A Rock Solid Balance Sheet
May 09Nihon Tokushu Toryo's (TSE:4619) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 15Financial Position Analysis
Short Term Liabilities: 4619's short term assets (¥35.3B) exceed its short term liabilities (¥16.5B).
Long Term Liabilities: 4619's short term assets (¥35.3B) exceed its long term liabilities (¥5.8B).
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 16% to 5.7% over the past 5 years.
Debt Coverage: 4619's debt is well covered by operating cash flow (119.7%).
Interest Coverage: 4619 earns more interest than it pays, so coverage of interest payments is not a concern.