Tone Balance Sheet Health
Financial Health criteria checks 4/6
Tone has a total shareholder equity of ¥10.5B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are ¥14.0B and ¥3.5B respectively. Tone's EBIT is ¥1.2B making its interest coverage ratio -17.7. It has cash and short-term investments of ¥1.4B.
Key information
20.1%
Debt to equity ratio
JP¥2.11b
Debt
| Interest coverage ratio | -17.7x |
| Cash | JP¥1.38b |
| Equity | JP¥10.49b |
| Total liabilities | JP¥3.54b |
| Total assets | JP¥14.03b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Tone (TSE:5967)
Aug 23
We Think That There Are Some Issues For Tone (TSE:5967) Beyond Its Promising Earnings
Jul 18Tone (TSE:5967) Is Paying Out A Dividend Of ¥20.50
May 29Tone (TSE:5967) Will Pay A Dividend Of ¥20.50
Apr 25Returns On Capital At Tone (TSE:5967) Paint A Concerning Picture
Mar 22Tone's (TSE:5967) Dividend Will Be ¥20.50
Feb 27Financial Position Analysis
Short Term Liabilities: 5967's short term assets (¥8.3B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 5967's short term assets (¥8.3B) exceed its long term liabilities (¥2.1B).
Debt to Equity History and Analysis
Debt Level: 5967's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: 5967's debt to equity ratio has increased from 3% to 20.1% over the past 5 years.
Debt Coverage: 5967's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5967 earns more interest than it pays, so coverage of interest payments is not a concern.