Togami Electric Mfg Balance Sheet Health
Financial Health criteria checks 6/6
Togami Electric Mfg has a total shareholder equity of ¥21.5B and total debt of ¥528.0M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are ¥30.9B and ¥9.4B respectively. Togami Electric Mfg's EBIT is ¥3.2B making its interest coverage ratio -55.6. It has cash and short-term investments of ¥6.7B.
Key information
2.5%
Debt to equity ratio
JP¥528.00m
Debt
| Interest coverage ratio | -55.6x |
| Cash | JP¥6.67b |
| Equity | JP¥21.51b |
| Total liabilities | JP¥9.36b |
| Total assets | JP¥30.87b |
Recent financial health updates
Recent updates
Even With A 27% Surge, Cautious Investors Are Not Rewarding Togami Electric Mfg. Co., Ltd.'s (TSE:6643) Performance Completely
Sep 01
Is Togami Electric Mfg (TSE:6643) Using Too Much Debt?
Aug 06Does Togami Electric Mfg (TSE:6643) Deserve A Spot On Your Watchlist?
May 13Togami Electric Mfg. Co., Ltd. (TSE:6643) Soars 27% But It's A Story Of Risk Vs Reward
Feb 26Financial Position Analysis
Short Term Liabilities: 6643's short term assets (¥19.8B) exceed its short term liabilities (¥6.4B).
Long Term Liabilities: 6643's short term assets (¥19.8B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 6643 has more cash than its total debt.
Reducing Debt: 6643's debt to equity ratio has reduced from 2.7% to 2.5% over the past 5 years.
Debt Coverage: 6643's debt is well covered by operating cash flow (608.1%).
Interest Coverage: 6643 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 08:25 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Togami Electric Mfg. Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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