TOWA Hi SYSTEMLTD Balance Sheet Health
Financial Health criteria checks 6/6
TOWA Hi SYSTEMLTD has a total shareholder equity of ¥3.9B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥4.4B and ¥463.0M respectively. TOWA Hi SYSTEMLTD's EBIT is ¥159.0M making its interest coverage ratio -4.1. It has cash and short-term investments of ¥1.0B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -4.1x |
Cash | JP¥1.01b |
Equity | JP¥3.91b |
Total liabilities | JP¥463.00m |
Total assets | JP¥4.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4172's short term assets (¥1.7B) exceed its short term liabilities (¥413.0M).
Long Term Liabilities: 4172's short term assets (¥1.7B) exceed its long term liabilities (¥50.0M).
Debt to Equity History and Analysis
Debt Level: 4172 is debt free.
Reducing Debt: 4172 has no debt compared to 5 years ago when its debt to equity ratio was 7.3%.
Debt Coverage: 4172 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4172 has no debt, therefore coverage of interest payments is not a concern.