Tomoku Balance Sheet Health
Financial Health criteria checks 3/6
Tomoku has a total shareholder equity of ¥89.2B and total debt of ¥73.0B, which brings its debt-to-equity ratio to 81.8%. Its total assets and total liabilities are ¥213.4B and ¥124.2B respectively. Tomoku's EBIT is ¥8.1B making its interest coverage ratio 52.3. It has cash and short-term investments of ¥18.1B.
Key information
81.8%
Debt to equity ratio
JP¥72.98b
Debt
Interest coverage ratio | 52.3x |
Cash | JP¥18.13b |
Equity | JP¥89.20b |
Total liabilities | JP¥124.16b |
Total assets | JP¥213.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3946's short term assets (¥93.8B) exceed its short term liabilities (¥66.5B).
Long Term Liabilities: 3946's short term assets (¥93.8B) exceed its long term liabilities (¥57.7B).
Debt to Equity History and Analysis
Debt Level: 3946's net debt to equity ratio (61.5%) is considered high.
Reducing Debt: 3946's debt to equity ratio has increased from 65.1% to 81.8% over the past 5 years.
Debt Coverage: 3946's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: 3946's interest payments on its debt are well covered by EBIT (52.3x coverage).