Tamura Balance Sheet Health
Financial Health criteria checks 5/6
Tamura has a total shareholder equity of ¥60.0B and total debt of ¥28.6B, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are ¥115.9B and ¥55.9B respectively. Tamura's EBIT is ¥5.4B making its interest coverage ratio 7.8. It has cash and short-term investments of ¥19.5B.
Key information
47.6%
Debt to equity ratio
JP¥28.58b
Debt
| Interest coverage ratio | 7.8x |
| Cash | JP¥19.51b |
| Equity | JP¥59.99b |
| Total liabilities | JP¥55.87b |
| Total assets | JP¥115.86b |
Recent financial health updates
No updates
Recent updates
Tamura's (TSE:6768) Dividend Will Be ¥5.00
Sep 03
Tamura (TSE:6768) Has Announced A Dividend Of ¥5.00
Aug 20Tamura (TSE:6768) Has Affirmed Its Dividend Of ¥5.00
Jul 25Tamura (TSE:6768) Is Paying Out A Dividend Of ¥5.00
Jul 11Tamura's (TSE:6768) Earnings Seem To Be Promising
May 21Tamura (TSE:6768) Has Affirmed Its Dividend Of ¥5.00
Mar 04Financial Position Analysis
Short Term Liabilities: 6768's short term assets (¥71.7B) exceed its short term liabilities (¥38.5B).
Long Term Liabilities: 6768's short term assets (¥71.7B) exceed its long term liabilities (¥17.3B).
Debt to Equity History and Analysis
Debt Level: 6768's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: 6768's debt to equity ratio has increased from 32.8% to 47.6% over the past 5 years.
Debt Coverage: 6768's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 6768's interest payments on its debt are well covered by EBIT (7.8x coverage).