Tobishima Balance Sheet Health
Financial Health criteria checks 4/6
Tobishima has a total shareholder equity of ¥48.8B and total debt of ¥34.8B, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are ¥150.9B and ¥102.1B respectively. Tobishima's EBIT is ¥5.3B making its interest coverage ratio 21.2. It has cash and short-term investments of ¥24.1B.
Key information
71.4%
Debt to equity ratio
JP¥34.85b
Debt
Interest coverage ratio | 21.2x |
Cash | JP¥24.07b |
Equity | JP¥48.80b |
Total liabilities | JP¥102.07b |
Total assets | JP¥150.87b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1805's short term assets (¥121.2B) exceed its short term liabilities (¥83.8B).
Long Term Liabilities: 1805's short term assets (¥121.2B) exceed its long term liabilities (¥18.2B).
Debt to Equity History and Analysis
Debt Level: 1805's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: 1805's debt to equity ratio has increased from 28.6% to 71.4% over the past 5 years.
Debt Coverage: 1805's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1805's interest payments on its debt are well covered by EBIT (21.2x coverage).