Tamura Balance Sheet Health
Financial Health criteria checks 5/6
Tamura has a total shareholder equity of ¥56.2B and total debt of ¥31.6B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are ¥116.4B and ¥60.2B respectively. Tamura's EBIT is ¥4.9B making its interest coverage ratio 7.1. It has cash and short-term investments of ¥16.0B.
Key information
56.3%
Debt to equity ratio
JP¥31.65b
Debt
Interest coverage ratio | 7.1x |
Cash | JP¥16.00b |
Equity | JP¥56.25b |
Total liabilities | JP¥60.19b |
Total assets | JP¥116.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6768's short term assets (¥73.7B) exceed its short term liabilities (¥39.1B).
Long Term Liabilities: 6768's short term assets (¥73.7B) exceed its long term liabilities (¥21.0B).
Debt to Equity History and Analysis
Debt Level: 6768's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: 6768's debt to equity ratio has increased from 39.2% to 56.3% over the past 5 years.
Debt Coverage: 6768's debt is well covered by operating cash flow (21.9%).
Interest Coverage: 6768's interest payments on its debt are well covered by EBIT (7.1x coverage).