TOWA Balance Sheet Health

Financial Health criteria checks 6/6

TOWA has a total shareholder equity of ¥59.0B and total debt of ¥12.2B, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are ¥84.9B and ¥25.9B respectively. TOWA's EBIT is ¥11.5B making its interest coverage ratio -31.8. It has cash and short-term investments of ¥21.2B.

Key information

20.7%

Debt to equity ratio

JP¥12.19b

Debt

Interest coverage ratio-31.8x
CashJP¥21.18b
EquityJP¥58.95b
Total liabilitiesJP¥25.93b
Total assetsJP¥84.88b

Recent financial health updates

Recent updates

TOWA (TSE:6315) Is Due To Pay A Dividend Of ¥20.00

Dec 03
TOWA (TSE:6315) Is Due To Pay A Dividend Of ¥20.00

Not Many Are Piling Into TOWA Corporation (TSE:6315) Stock Yet As It Plummets 26%

Nov 14
Not Many Are Piling Into TOWA Corporation (TSE:6315) Stock Yet As It Plummets 26%

TOWA's (TSE:6315) Dividend Will Be ¥20.00

Nov 10
TOWA's (TSE:6315) Dividend Will Be ¥20.00

Is TOWA (TSE:6315) A Risky Investment?

Sep 27
Is TOWA (TSE:6315) A Risky Investment?

Returns Are Gaining Momentum At TOWA (TSE:6315)

Aug 27
Returns Are Gaining Momentum At TOWA (TSE:6315)

With A 27% Price Drop For TOWA Corporation (TSE:6315) You'll Still Get What You Pay For

Jul 26
With A 27% Price Drop For TOWA Corporation (TSE:6315) You'll Still Get What You Pay For

Is It Too Late To Consider Buying TOWA Corporation (TSE:6315)?

May 29
Is It Too Late To Consider Buying TOWA Corporation (TSE:6315)?

Market Participants Recognise TOWA Corporation's (TSE:6315) Earnings Pushing Shares 29% Higher

May 13
Market Participants Recognise TOWA Corporation's (TSE:6315) Earnings Pushing Shares 29% Higher

Estimating The Intrinsic Value Of TOWA Corporation (TSE:6315)

May 03
Estimating The Intrinsic Value Of TOWA Corporation (TSE:6315)

Does TOWA (TSE:6315) Have A Healthy Balance Sheet?

Apr 17
Does TOWA (TSE:6315) Have A Healthy Balance Sheet?

Earnings Tell The Story For TOWA Corporation (TSE:6315) As Its Stock Soars 35%

Mar 01
Earnings Tell The Story For TOWA Corporation (TSE:6315) As Its Stock Soars 35%

Is It Too Late To Consider Buying TOWA Corporation (TSE:6315)?

Feb 29
Is It Too Late To Consider Buying TOWA Corporation (TSE:6315)?

Financial Position Analysis

Short Term Liabilities: 6315's short term assets (¥51.5B) exceed its short term liabilities (¥21.2B).

Long Term Liabilities: 6315's short term assets (¥51.5B) exceed its long term liabilities (¥4.8B).


Debt to Equity History and Analysis

Debt Level: 6315 has more cash than its total debt.

Reducing Debt: 6315's debt to equity ratio has reduced from 39.1% to 20.7% over the past 5 years.

Debt Coverage: 6315's debt is well covered by operating cash flow (91.4%).

Interest Coverage: 6315 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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