Towarise Balance Sheet Health
Financial Health criteria checks 3/6
Towarise has a total shareholder equity of ¥3.9B and total debt of ¥34.7B, which brings its debt-to-equity ratio to 899.5%. Its total assets and total liabilities are ¥43.9B and ¥40.0B respectively. Towarise's EBIT is ¥363.0M making its interest coverage ratio 60.5. It has cash and short-term investments of ¥1.8B.
Key information
899.5%
Debt to equity ratio
JP¥34.72b
Debt
| Interest coverage ratio | 60.5x |
| Cash | JP¥1.79b |
| Equity | JP¥3.86b |
| Total liabilities | JP¥40.00b |
| Total assets | JP¥43.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 267A's short term assets (¥41.2B) exceed its short term liabilities (¥31.7B).
Long Term Liabilities: 267A's short term assets (¥41.2B) exceed its long term liabilities (¥8.3B).
Debt to Equity History and Analysis
Debt Level: 267A's net debt to equity ratio (853.1%) is considered high.
Reducing Debt: Insufficient data to determine if 267A's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 267A's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 267A's interest payments on its debt are well covered by EBIT (60.5x coverage).