Tohoku Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Tohoku Chemical has a total shareholder equity of ¥7.6B and total debt of ¥211.0M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ¥19.2B and ¥11.6B respectively. Tohoku Chemical's EBIT is ¥333.0M making its interest coverage ratio -6.8. It has cash and short-term investments of ¥2.2B.
Key information
2.8%
Debt to equity ratio
JP¥211.00m
Debt
| Interest coverage ratio | -6.8x |
| Cash | JP¥2.20b |
| Equity | JP¥7.60b |
| Total liabilities | JP¥11.63b |
| Total assets | JP¥19.23b |
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
Tohoku 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 (¥13.5B) exceed its short term liabilities (¥10.5B).
Long Term Liabilities: 7446's short term assets (¥13.5B) exceed its long term liabilities (¥1.2B).
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 8% to 2.8% over the past 5 years.
Debt Coverage: 7446's debt is well covered by operating cash flow (620.4%).
Interest Coverage: 7446 earns more interest than it pays, so coverage of interest payments is not a concern.