Toami Balance Sheet Health
Financial Health criteria checks 5/6
Toami has a total shareholder equity of ¥10.8B and total debt of ¥5.0B, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are ¥19.7B and ¥9.0B respectively. Toami's EBIT is ¥122.0M making its interest coverage ratio -9.4. It has cash and short-term investments of ¥1.7B.
Key information
46.6%
Debt to equity ratio
JP¥5.02b
Debt
| Interest coverage ratio | -9.4x |
| Cash | JP¥1.69b |
| Equity | JP¥10.77b |
| Total liabilities | JP¥8.95b |
| Total assets | JP¥19.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5973's short term assets (¥10.4B) exceed its short term liabilities (¥7.1B).
Long Term Liabilities: 5973's short term assets (¥10.4B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 5973's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: 5973's debt to equity ratio has increased from 11.7% to 46.6% over the past 5 years.
Debt Coverage: 5973's debt is well covered by operating cash flow (22.1%).
Interest Coverage: 5973 earns more interest than it pays, so coverage of interest payments is not a concern.