TORQ Balance Sheet Health
Financial Health criteria checks 3/6
TORQ has a total shareholder equity of ¥12.9B and total debt of ¥13.0B, which brings its debt-to-equity ratio to 101%. Its total assets and total liabilities are ¥33.3B and ¥20.4B respectively. TORQ's EBIT is ¥785.0M making its interest coverage ratio -4.6. It has cash and short-term investments of ¥3.3B.
Key information
101.0%
Debt to equity ratio
JP¥13.03b
Debt
| Interest coverage ratio | -4.6x |
| Cash | JP¥3.26b |
| Equity | JP¥12.89b |
| Total liabilities | JP¥20.37b |
| Total assets | JP¥33.27b |
Recent financial health updates
No updates
Recent updates
TORQ (TSE:8077) Has Announced A Dividend Of ¥3.00
Jun 30
We Think That There Are More Issues For TORQ (TSE:8077) Than Just Sluggish Earnings
Jun 21TORQ (TSE:8077) Has Affirmed Its Dividend Of ¥3.00
Jun 16TORQ (TSE:8077) Is Paying Out A Dividend Of ¥3.00
Apr 25TORQ (TSE:8077) Is Paying Out A Dividend Of ¥3.00
Apr 08TORQ (TSE:8077) Has Announced A Dividend Of ¥3.00
Mar 25TORQ's (TSE:8077) Dividend Will Be ¥3.00
Feb 26Financial Position Analysis
Short Term Liabilities: 8077's short term assets (¥16.5B) exceed its short term liabilities (¥11.8B).
Long Term Liabilities: 8077's short term assets (¥16.5B) exceed its long term liabilities (¥8.6B).
Debt to Equity History and Analysis
Debt Level: 8077's net debt to equity ratio (75.7%) is considered high.
Reducing Debt: 8077's debt to equity ratio has increased from 41.9% to 101% over the past 5 years.
Debt Coverage: 8077's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 8077 earns more interest than it pays, so coverage of interest payments is not a concern.