TOWA Hi SYSTEMLTD Balance Sheet Health
Financial Health criteria checks 6/6
TOWA Hi SYSTEMLTD has a total shareholder equity of ¥3.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥4.0B and ¥294.0M respectively. TOWA Hi SYSTEMLTD's EBIT is ¥103.0M making its interest coverage ratio -2.5. It has cash and short-term investments of ¥1.1B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -2.5x |
Cash | JP¥1.12b |
Equity | JP¥3.71b |
Total liabilities | JP¥294.00m |
Total assets | JP¥4.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4172's short term assets (¥1.5B) exceed its short term liabilities (¥244.0M).
Long Term Liabilities: 4172's short term assets (¥1.5B) 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 11.1%.
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.