TIS Balance Sheet Health
Financial Health criteria checks 5/6
TIS has a total shareholder equity of ¥324.7B and total debt of ¥37.9B, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are ¥525.5B and ¥200.7B respectively. TIS's EBIT is ¥67.1B making its interest coverage ratio -94.5. It has cash and short-term investments of ¥103.8B.
Key information
11.7%
Debt to equity ratio
JP¥37.91b
Debt
| Interest coverage ratio | -94.5x |
| Cash | JP¥103.84b |
| Equity | JP¥324.72b |
| Total liabilities | JP¥200.73b |
| Total assets | JP¥525.46b |
Recent financial health updates
Recent updates
TIS Inc.'s (TSE:3626) Share Price Could Signal Some Risk
Jul 12
TIS (TSE:3626) Is Due To Pay A Dividend Of ¥34.00
Jul 12TIS (TSE:3626) Has A Pretty Healthy Balance Sheet
Jun 11We Like These Underlying Return On Capital Trends At TIS (TSE:3626)
May 26TIS Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 10Estimating The Fair Value Of TIS Inc. (TSE:3626)
Apr 25TIS (TSE:3626) Is Increasing Its Dividend To ¥36.00
Mar 25TIS (TSE:3626) Is Increasing Its Dividend To ¥36.00
Feb 26Financial Position Analysis
Short Term Liabilities: 3626's short term assets (¥291.6B) exceed its short term liabilities (¥140.3B).
Long Term Liabilities: 3626's short term assets (¥291.6B) exceed its long term liabilities (¥60.5B).
Debt to Equity History and Analysis
Debt Level: 3626 has more cash than its total debt.
Reducing Debt: 3626's debt to equity ratio has increased from 10.6% to 11.7% over the past 5 years.
Debt Coverage: 3626's debt is well covered by operating cash flow (165.1%).
Interest Coverage: 3626 earns more interest than it pays, so coverage of interest payments is not a concern.