Tomoe Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Tomoe Engineering has a total shareholder equity of ¥38.4B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥50.9B and ¥12.5B respectively. Tomoe Engineering's EBIT is ¥4.9B making its interest coverage ratio -68.7. It has cash and short-term investments of ¥14.8B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -68.7x |
| Cash | JP¥14.78b |
| Equity | JP¥38.44b |
| Total liabilities | JP¥12.47b |
| Total assets | JP¥50.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6309's short term assets (¥40.8B) exceed its short term liabilities (¥11.5B).
Long Term Liabilities: 6309's short term assets (¥40.8B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 6309 is debt free.
Reducing Debt: 6309 had no debt 5 years ago.
Debt Coverage: 6309 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6309 has no debt, therefore coverage of interest payments is not a concern.