Towa Food Service Balance Sheet Health
Financial Health criteria checks 6/6
Towa Food Service has a total shareholder equity of ¥6.6B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥8.7B and ¥2.1B respectively.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥4.02b |
| Equity | JP¥6.62b |
| Total liabilities | JP¥2.10b |
| Total assets | JP¥8.72b |
Recent financial health updates
Recent updates
Some Shareholders Feeling Restless Over Towa Food Service Co., Ltd.'s (TSE:3329) P/E Ratio
Aug 13
Statutory Profit Doesn't Reflect How Good Towa Food Service's (TSE:3329) Earnings Are
Jun 07Do Insiders Own Lots Of Shares In Towa Food Service Co., Ltd. (TYO:3329)?
Mar 07Health Check: How Prudently Does Towa Food Service (TYO:3329) Use Debt?
Jan 31Did You Miss Towa Food Service's (TYO:3329) 27% Share Price Gain?
Dec 27Financial Position Analysis
Short Term Liabilities: 3329's short term assets (¥4.9B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 3329's short term assets (¥4.9B) exceed its long term liabilities (¥728.0M).
Debt to Equity History and Analysis
Debt Level: 3329 is debt free.
Reducing Debt: 3329 has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.
Debt Coverage: 3329 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3329 has no debt, therefore coverage of interest payments is not a concern.