Torishima Pump Mfg Balance Sheet Health
Financial Health criteria checks 5/6
Torishima Pump Mfg has a total shareholder equity of ¥52.6B and total debt of ¥14.8B, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are ¥101.6B and ¥48.9B respectively. Torishima Pump Mfg's EBIT is ¥6.8B making its interest coverage ratio -15.8. It has cash and short-term investments of ¥13.4B.
Key information
28.2%
Debt to equity ratio
JP¥14.82b
Debt
Interest coverage ratio | -15.8x |
Cash | JP¥13.40b |
Equity | JP¥52.63b |
Total liabilities | JP¥48.93b |
Total assets | JP¥101.56b |
Recent financial health updates
Recent updates
We Think Torishima Pump Mfg (TSE:6363) Can Stay On Top Of Its Debt
Aug 06Torishima Pump Mfg (TSE:6363) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 22Torishima Pump Mfg. Co., Ltd. (TSE:6363) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
May 21Torishima Pump Mfg (TSE:6363) Will Pay A Dividend Of ¥28.00
Mar 12Torishima Pump Mfg's (TSE:6363) Dividend Will Be ¥28.00
Feb 27Financial Position Analysis
Short Term Liabilities: 6363's short term assets (¥68.4B) exceed its short term liabilities (¥34.6B).
Long Term Liabilities: 6363's short term assets (¥68.4B) exceed its long term liabilities (¥14.3B).
Debt to Equity History and Analysis
Debt Level: 6363's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: 6363's debt to equity ratio has reduced from 51.3% to 28.2% over the past 5 years.
Debt Coverage: 6363's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: 6363 earns more interest than it pays, so coverage of interest payments is not a concern.