Tomita Balance Sheet Health
Financial Health criteria checks 6/6
Tomita has a total shareholder equity of ¥11.8B and total debt of ¥226.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ¥17.9B and ¥6.0B respectively. Tomita's EBIT is ¥641.0M making its interest coverage ratio -11.4. It has cash and short-term investments of ¥6.6B.
Key information
1.9%
Debt to equity ratio
JP¥226.00m
Debt
Interest coverage ratio | -11.4x |
Cash | JP¥6.60b |
Equity | JP¥11.83b |
Total liabilities | JP¥6.02b |
Total assets | JP¥17.85b |
Recent financial health updates
Recent updates
Tomita's (TSE:8147) Upcoming Dividend Will Be Larger Than Last Year's
Mar 25Tomita (TSE:8147) Will Pay A Larger Dividend Than Last Year At ¥19.00
Feb 27Should We Be Excited About The Trends Of Returns At Tomita (TYO:8147)?
Mar 16Tomita (TYO:8147) Seems To Use Debt Quite Sensibly
Feb 23Tomita (TYO:8147) Has Compensated Shareholders With A Respectable 66% Return On Their Investment
Jan 28Should Tomita Co., Ltd. (TYO:8147) Be Part Of Your Dividend Portfolio?
Jan 07Is Tomita (TYO:8147) Likely To Turn Things Around?
Dec 09Financial Position Analysis
Short Term Liabilities: 8147's short term assets (¥13.0B) exceed its short term liabilities (¥4.5B).
Long Term Liabilities: 8147's short term assets (¥13.0B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 8147 has more cash than its total debt.
Reducing Debt: 8147's debt to equity ratio has reduced from 2.5% to 1.9% over the past 5 years.
Debt Coverage: 8147's debt is well covered by operating cash flow (429.2%).
Interest Coverage: 8147 earns more interest than it pays, so coverage of interest payments is not a concern.