Toami Balance Sheet Health
Financial Health criteria checks 5/6
Toami has a total shareholder equity of ¥11.0B and total debt of ¥4.5B, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are ¥19.5B and ¥8.5B respectively. Toami's EBIT is ¥287.0M making its interest coverage ratio -15.9. It has cash and short-term investments of ¥895.0M.
Key information
40.8%
Debt to equity ratio
JP¥4.48b
Debt
Interest coverage ratio | -15.9x |
Cash | JP¥895.00m |
Equity | JP¥10.99b |
Total liabilities | JP¥8.52b |
Total assets | JP¥19.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5973's short term assets (¥11.0B) exceed its short term liabilities (¥6.5B).
Long Term Liabilities: 5973's short term assets (¥11.0B) exceed its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 5973's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: 5973's debt to equity ratio has increased from 12% to 40.8% over the past 5 years.
Debt Coverage: 5973's debt is well covered by operating cash flow (29.9%).
Interest Coverage: 5973 earns more interest than it pays, so coverage of interest payments is not a concern.