Tenox Balance Sheet Health
Financial Health criteria checks 5/6
Tenox has a total shareholder equity of ¥12.5B and total debt of ¥18.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ¥18.2B and ¥5.7B respectively. Tenox's EBIT is ¥496.0M making its interest coverage ratio -49.6. It has cash and short-term investments of ¥7.4B.
Key information
0.1%
Debt to equity ratio
JP¥18.00m
Debt
| Interest coverage ratio | -49.6x |
| Cash | JP¥7.41b |
| Equity | JP¥12.50b |
| Total liabilities | JP¥5.69b |
| Total assets | JP¥18.19b |
Recent financial health updates
Recent updates
Tenox (TSE:1905) Will Pay A Dividend Of ¥19.00
Mar 21
Tenox Corporation (TYO:1905) Investors Should Think About This Before Buying It For Its Dividend
May 07Returns On Capital At Tenox (TYO:1905) Paint An Interesting Picture
Mar 12Is Tenox (TYO:1905) Using Too Much Debt?
Feb 14Something To Consider Before Buying Tenox Corporation (TYO:1905) For The 2.6% Dividend
Jan 18The Returns At Tenox (TYO:1905) Provide Us With Signs Of What's To Come
Dec 12Financial Position Analysis
Short Term Liabilities: 1905's short term assets (¥14.5B) exceed its short term liabilities (¥5.0B).
Long Term Liabilities: 1905's short term assets (¥14.5B) exceed its long term liabilities (¥656.0M).
Debt to Equity History and Analysis
Debt Level: 1905 has more cash than its total debt.
Reducing Debt: 1905's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 1905's debt is well covered by operating cash flow (6011.1%).
Interest Coverage: 1905 earns more interest than it pays, so coverage of interest payments is not a concern.