Tohoku Steel Balance Sheet Health
Financial Health criteria checks 6/6
Tohoku Steel has a total shareholder equity of ¥27.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥33.9B and ¥6.2B respectively. Tohoku Steel's EBIT is ¥1.5B making its interest coverage ratio -18.7. It has cash and short-term investments of ¥8.8B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -18.7x |
| Cash | JP¥8.77b |
| Equity | JP¥27.77b |
| Total liabilities | JP¥6.16b |
| Total assets | JP¥33.93b |
Recent financial health updates
Recent updates
Some May Be Optimistic About Tohoku Steel's (TSE:5484) Earnings
May 22
Three Things You Should Check Before Buying Tohoku Steel Co., Ltd. (TYO:5484) For Its Dividend
Mar 24Is Tohoku Steel (TYO:5484) Using Capital Effectively?
Mar 03Tohoku Steel (TYO:5484) Shareholders Have Enjoyed A 59% Share Price Gain
Feb 09What Kind Of Shareholders Own Tohoku Steel Co., Ltd. (TYO:5484)?
Jan 18Is Tohoku Steel Co., Ltd. (TYO:5484) An Attractive Dividend Stock?
Dec 23Does Tohoku Steel's (TYO:5484) Returns On Capital Reflect Well On The Business?
Dec 02Financial Position Analysis
Short Term Liabilities: 5484's short term assets (¥17.4B) exceed its short term liabilities (¥4.0B).
Long Term Liabilities: 5484's short term assets (¥17.4B) exceed its long term liabilities (¥2.2B).
Debt to Equity History and Analysis
Debt Level: 5484 is debt free.
Reducing Debt: 5484 has not had any debt for past 5 years.
Debt Coverage: 5484 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5484 has no debt, therefore coverage of interest payments is not a concern.