Tobila Systems Balance Sheet Health
Financial Health criteria checks 6/6
Tobila Systems has a total shareholder equity of ¥1.9B and total debt of ¥183.0M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are ¥3.5B and ¥1.5B respectively. Tobila Systems's EBIT is ¥703.0M making its interest coverage ratio 703. It has cash and short-term investments of ¥2.2B.
Key information
9.5%
Debt to equity ratio
JP¥183.00m
Debt
Interest coverage ratio | 703x |
Cash | JP¥2.20b |
Equity | JP¥1.93b |
Total liabilities | JP¥1.53b |
Total assets | JP¥3.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4441's short term assets (¥2.7B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 4441's short term assets (¥2.7B) exceed its long term liabilities (¥184.0M).
Debt to Equity History and Analysis
Debt Level: 4441 has more cash than its total debt.
Reducing Debt: 4441's debt to equity ratio has reduced from 10.3% to 9.5% over the past 5 years.
Debt Coverage: 4441's debt is well covered by operating cash flow (666.7%).
Interest Coverage: 4441's interest payments on its debt are well covered by EBIT (703x coverage).