TOBISHIMA HOLDINGS Balance Sheet Health
Financial Health criteria checks 4/6
TOBISHIMA HOLDINGS has a total shareholder equity of ¥48.1B and total debt of ¥25.3B, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are ¥139.1B and ¥91.0B respectively. TOBISHIMA HOLDINGS's EBIT is ¥5.1B making its interest coverage ratio 19.6. It has cash and short-term investments of ¥15.7B.
Key information
52.7%
Debt to equity ratio
JP¥25.33b
Debt
| Interest coverage ratio | 19.6x |
| Cash | JP¥15.66b |
| Equity | JP¥48.07b |
| Total liabilities | JP¥91.05b |
| Total assets | JP¥139.12b |
Financial Position Analysis
Short Term Liabilities: 256A's short term assets (¥109.8B) exceed its short term liabilities (¥74.9B).
Long Term Liabilities: 256A's short term assets (¥109.8B) exceed its long term liabilities (¥16.2B).
Debt to Equity History and Analysis
Debt Level: 256A's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: 256A's debt to equity ratio has increased from 35% to 52.7% over the past 5 years.
Debt Coverage: 256A's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 256A's interest payments on its debt are well covered by EBIT (19.6x coverage).