Tohoku Chemical Balance Sheet Health
Financial Health criteria checks 5/6
Tohoku Chemical has a total shareholder equity of ¥7.5B and total debt of ¥212.0M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ¥17.2B and ¥9.7B respectively. Tohoku Chemical's EBIT is ¥340.0M making its interest coverage ratio -6.8. It has cash and short-term investments of ¥763.0M.
Key information
2.8%
Debt to equity ratio
JP¥212.00m
Debt
| Interest coverage ratio | -6.8x |
| Cash | JP¥763.00m |
| Equity | JP¥7.51b |
| Total liabilities | JP¥9.73b |
| Total assets | JP¥17.24b |
Recent financial health updates
Does Tohoku Chemical (TYO:7446) Have A Healthy Balance Sheet?
Mar 15
These 4 Measures Indicate That Tohoku Chemical (TYO:7446) Is Using Debt Reasonably Well
Dec 15Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Tohoku Chemical (TSE:7446)
Nov 25Tohoku Chemical's (TSE:7446) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 21Tohoku Chemical (TSE:7446) Has Announced That Its Dividend Will Be Reduced To ¥95.00
Aug 19Tohoku Chemical (TSE:7446) Is Paying Out Less In Dividends Than Last Year
Jul 22Tohoku Chemical's (TSE:7446) Dividend Will Be Reduced To ¥95.00
Jul 01Tohoku Chemical (TSE:7446) Has Announced That Its Dividend Will Be Reduced To ¥95.00
Jun 17Tohoku Chemical's (TSE:7446) Soft Earnings Are Actually Better Than They Appear
May 22Tohoku Chemical (TSE:7446) Is Reducing Its Dividend To ¥95.00
May 05Why Tohoku Chemical Co., Ltd. (TYO:7446) Is A Dividend Rockstar
May 09Tohoku Chemical (TYO:7446) Might Have The Makings Of A Multi-Bagger
Apr 12Does Tohoku Chemical (TYO:7446) Have A Healthy Balance Sheet?
Mar 15Tohoku Chemical Co., Ltd. (TYO:7446) Has Got What It Takes To Be An Attractive Dividend Stock
Jan 27
Returns On Capital - An Important Metric For Tohoku Chemical (TYO:7446)
Jan 04These 4 Measures Indicate That Tohoku Chemical (TYO:7446) Is Using Debt Reasonably Well
Dec 15Should You Rely On Tohoku Chemical's (TYO:7446) Earnings Growth?
Nov 23Financial Position Analysis
Short Term Liabilities: 7446's short term assets (¥11.7B) exceed its short term liabilities (¥8.7B).
Long Term Liabilities: 7446's short term assets (¥11.7B) exceed its long term liabilities (¥1.0B).
Debt to Equity History and Analysis
Debt Level: 7446 has more cash than its total debt.
Reducing Debt: 7446's debt to equity ratio has reduced from 11.1% to 2.8% over the past 5 years.
Debt Coverage: 7446's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7446 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 | 2024/12/28 20:39 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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
Tohoku Chemical 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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