Tomita Balance Sheet Health
Financial Health criteria checks 5/6
Tomita has a total shareholder equity of ¥12.2B and total debt of ¥216.0M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ¥18.5B and ¥6.3B respectively. Tomita's EBIT is ¥635.0M making its interest coverage ratio -5.5. It has cash and short-term investments of ¥6.2B.
Key information
1.8%
Debt to equity ratio
JP¥216.00m
Debt
| Interest coverage ratio | -5.5x |
| Cash | JP¥6.18b |
| Equity | JP¥12.16b |
| Total liabilities | JP¥6.33b |
| Total assets | JP¥18.49b |
Recent financial health updates
Recent updates
Take Care Before Diving Into The Deep End On Tomita Co., Ltd. (TSE:8147)
Aug 07
There May Be Underlying Issues With The Quality Of Tomita's (TSE:8147) Earnings
May 21Tomita'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 28
Should 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 (¥4.7B).
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% to 1.8% over the past 5 years.
Debt Coverage: 8147's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8147 earns more interest than it pays, so coverage of interest payments is not a concern.