ToumeiLtd Balance Sheet Health
Financial Health criteria checks 6/6
ToumeiLtd has a total shareholder equity of ¥6.7B and total debt of ¥1.6B, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are ¥11.4B and ¥4.7B respectively. ToumeiLtd's EBIT is ¥1.8B making its interest coverage ratio 204.3. It has cash and short-term investments of ¥5.4B.
Key information
24.0%
Debt to equity ratio
JP¥1.60b
Debt
Interest coverage ratio | 204.3x |
Cash | JP¥5.39b |
Equity | JP¥6.68b |
Total liabilities | JP¥4.69b |
Total assets | JP¥11.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4439's short term assets (¥9.9B) exceed its short term liabilities (¥4.0B).
Long Term Liabilities: 4439's short term assets (¥9.9B) exceed its long term liabilities (¥673.0M).
Debt to Equity History and Analysis
Debt Level: 4439 has more cash than its total debt.
Reducing Debt: 4439's debt to equity ratio has reduced from 42.5% to 24% over the past 5 years.
Debt Coverage: 4439's debt is well covered by operating cash flow (321.4%).
Interest Coverage: 4439's interest payments on its debt are well covered by EBIT (204.3x coverage).