Semba Tohka Industries Balance Sheet Health
Financial Health criteria checks 6/6
Semba Tohka Industries has a total shareholder equity of ¥12.7B and total debt of ¥4.4B, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are ¥23.0B and ¥10.3B respectively. Semba Tohka Industries's EBIT is ¥690.0M making its interest coverage ratio 34.5. It has cash and short-term investments of ¥3.4B.
Key information
34.4%
Debt to equity ratio
JP¥4.38b
Debt
| Interest coverage ratio | 34.5x |
| Cash | JP¥3.45b |
| Equity | JP¥12.72b |
| Total liabilities | JP¥10.29b |
| Total assets | JP¥23.01b |
Recent financial health updates
Recent updates
Three Things You Should Check Before Buying Semba Tohka Industries Co., Ltd (TYO:2916) For Its Dividend
Apr 26
Can Semba Tohka Industries (TYO:2916) Continue To Grow Its Returns On Capital?
Mar 15Semba Tohka Industries (TYO:2916) Has A Pretty Healthy Balance Sheet
Feb 10Should Semba Tohka Industries Co., Ltd (TYO:2916) Be Part Of Your Dividend Portfolio?
Jan 20If You Had Bought Semba Tohka Industries (TYO:2916) Stock Five Years Ago, You Could Pocket A 28% Gain Today
Jan 02
What Do The Returns At Semba Tohka Industries (TYO:2916) Mean Going Forward?
Dec 15Here's Why We Don't Think Semba Tohka Industries's (TYO:2916) Statutory Earnings Reflect Its Underlying Earnings Potential
Nov 27Financial Position Analysis
Short Term Liabilities: 2916's short term assets (¥11.8B) exceed its short term liabilities (¥7.8B).
Long Term Liabilities: 2916's short term assets (¥11.8B) exceed its long term liabilities (¥2.5B).
Debt to Equity History and Analysis
Debt Level: 2916's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: 2916's debt to equity ratio has reduced from 55.8% to 34.4% over the past 5 years.
Debt Coverage: 2916's debt is well covered by operating cash flow (31.3%).
Interest Coverage: 2916's interest payments on its debt are well covered by EBIT (34.5x coverage).