TOWLtd Balance Sheet Health
Financial Health criteria checks 6/6
TOWLtd has a total shareholder equity of ¥9.1B and total debt of ¥840.0M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are ¥13.1B and ¥4.1B respectively. TOWLtd's EBIT is ¥2.0B making its interest coverage ratio -60.9. It has cash and short-term investments of ¥7.2B.
Key information
9.3%
Debt to equity ratio
JP¥840.00m
Debt
Interest coverage ratio | -60.9x |
Cash | JP¥7.24b |
Equity | JP¥9.07b |
Total liabilities | JP¥4.06b |
Total assets | JP¥13.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4767's short term assets (¥11.4B) exceed its short term liabilities (¥3.6B).
Long Term Liabilities: 4767's short term assets (¥11.4B) exceed its long term liabilities (¥428.0M).
Debt to Equity History and Analysis
Debt Level: 4767 has more cash than its total debt.
Reducing Debt: 4767's debt to equity ratio has reduced from 9.3% to 9.3% over the past 5 years.
Debt Coverage: 4767's debt is well covered by operating cash flow (239.6%).
Interest Coverage: 4767 earns more interest than it pays, so coverage of interest payments is not a concern.