Towa Food Service Balance Sheet Health
Financial Health criteria checks 4/6
Towa Food Service has a total shareholder equity of ¥6.4B and total debt of ¥600.0M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are ¥8.8B and ¥2.4B respectively.
Key information
9.4%
Debt to equity ratio
JP¥600.00m
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥4.13b |
| Equity | JP¥6.37b |
| Total liabilities | JP¥2.44b |
| Total assets | JP¥8.81b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3329's short term assets (¥5.0B) exceed its short term liabilities (¥1.7B).
Long Term Liabilities: 3329's short term assets (¥5.0B) exceed its long term liabilities (¥715.0M).
Debt to Equity History and Analysis
Debt Level: 3329 has more cash than its total debt.
Reducing Debt: 3329's debt to equity ratio has increased from 2.9% to 9.4% over the past 5 years.
Debt Coverage: 3329's debt is well covered by operating cash flow (183.2%).
Interest Coverage: Insufficient data to determine if 3329's interest payments on its debt are well covered by EBIT.