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 |
| Cash | JP¥21.18b |
| Equity | JP¥58.95b |
| Total liabilities | JP¥25.93b |
| Total assets | JP¥84.88b |
Recent financial health updates
Is TOWA (TSE:6315) A Risky Investment?
Sep 27
Does TOWA (TSE:6315) Have A Healthy Balance Sheet?
Apr 17Recent updates
TOWA (TSE:6315) Is Due To Pay A Dividend Of ¥20.00
Dec 03Not Many Are Piling Into TOWA Corporation (TSE:6315) Stock Yet As It Plummets 26%
Nov 14TOWA's (TSE:6315) Dividend Will Be ¥20.00
Nov 10Is TOWA (TSE:6315) A Risky Investment?
Sep 27Returns Are Gaining Momentum At TOWA (TSE:6315)
Aug 27With A 27% Price Drop For TOWA Corporation (TSE:6315) You'll Still Get What You Pay For
Jul 26Is It Too Late To Consider Buying TOWA Corporation (TSE:6315)?
May 29Market Participants Recognise TOWA Corporation's (TSE:6315) Earnings Pushing Shares 29% Higher
May 13Estimating The Intrinsic Value Of TOWA Corporation (TSE:6315)
May 03Does TOWA (TSE:6315) Have A Healthy Balance Sheet?
Apr 17Earnings Tell The Story For TOWA Corporation (TSE:6315) As Its Stock Soars 35%
Mar 01Is It Too Late To Consider Buying TOWA Corporation (TSE:6315)?
Feb 29Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 06:00 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TOWA Corporation is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ryohei Takahashi | BofA Global Research |
| Daisuke Tanimoto | Credit Suisse |
| null null | Daiwa Securities Co. Ltd. |