Tone Balance Sheet Health
Financial Health criteria checks 4/6
Tone has a total shareholder equity of ¥10.7B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are ¥14.9B and ¥4.2B respectively. Tone's EBIT is ¥1.1B making its interest coverage ratio -18.8. It has cash and short-term investments of ¥2.2B.
Key information
20.7%
Debt to equity ratio
JP¥2.21b
Debt
Interest coverage ratio | -18.8x |
Cash | JP¥2.25b |
Equity | JP¥10.67b |
Total liabilities | JP¥4.20b |
Total assets | JP¥14.87b |
Recent financial health updates
No updates
Recent updates
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 (¥9.2B) exceed its short term liabilities (¥2.0B).
Long Term Liabilities: 5967's short term assets (¥9.2B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 5967 has more cash than its total debt.
Reducing Debt: 5967's debt to equity ratio has increased from 1.5% to 20.7% 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.