Tenox Balance Sheet Health
Financial Health criteria checks 5/6
Tenox has a total shareholder equity of ¥12.9B and total debt of ¥9.0M, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are ¥20.1B and ¥7.2B respectively. Tenox's EBIT is ¥749.0M making its interest coverage ratio -53.5. It has cash and short-term investments of ¥9.4B.
Key information
0.07%
Debt to equity ratio
JP¥9.00m
Debt
| Interest coverage ratio | -53.5x |
| Cash | JP¥9.40b |
| Equity | JP¥12.88b |
| Total liabilities | JP¥7.18b |
| Total assets | JP¥20.06b |
Recent financial health updates
Recent updates
Tenox's (TSE:1905) Earnings Seem To Be Promising
Nov 18
Tenox (TSE:1905) Will Pay A Larger Dividend Than Last Year At ¥21.00
Sep 04Tenox's (TSE:1905) Dividend Will Be Increased To ¥21.00
Aug 21Tenox (TSE:1905) Will Pay A Dividend Of ¥19.00
Mar 21Tenox 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 (¥16.0B) exceed its short term liabilities (¥6.4B).
Long Term Liabilities: 1905's short term assets (¥16.0B) exceed its long term liabilities (¥823.0M).
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 0.07% over the past 5 years.
Debt Coverage: 1905's debt is well covered by operating cash flow (21733.3%).
Interest Coverage: 1905 earns more interest than it pays, so coverage of interest payments is not a concern.