ToumeiLtd Balance Sheet Health
Financial Health criteria checks 6/6
ToumeiLtd has a total shareholder equity of ¥7.6B and total debt of ¥2.0B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are ¥14.2B and ¥6.5B respectively. ToumeiLtd's EBIT is ¥2.3B making its interest coverage ratio 330.6. It has cash and short-term investments of ¥6.6B.
Key information
26.6%
Debt to equity ratio
JP¥2.03b
Debt
| Interest coverage ratio | 330.6x |
| Cash | JP¥6.64b |
| Equity | JP¥7.64b |
| Total liabilities | JP¥6.53b |
| Total assets | JP¥14.17b |
Recent financial health updates
No updates
Recent updates
Is It Too Late To Consider Buying Toumei Co.,Ltd. (TSE:4439)?
Oct 16
Earnings Tell The Story For Toumei Co.,Ltd. (TSE:4439) As Its Stock Soars 26%
Sep 30Here's Why We Think ToumeiLtd (TSE:4439) Is Well Worth Watching
Sep 20ToumeiLtd (TSE:4439) Could Become A Multi-Bagger
Aug 13ToumeiLtd's (TSE:4439) Strong Earnings Are Of Good Quality
Apr 19Financial Position Analysis
Short Term Liabilities: 4439's short term assets (¥12.7B) exceed its short term liabilities (¥6.1B).
Long Term Liabilities: 4439's short term assets (¥12.7B) exceed its long term liabilities (¥409.0M).
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 33.4% to 26.6% over the past 5 years.
Debt Coverage: 4439's debt is well covered by operating cash flow (142.7%).
Interest Coverage: 4439's interest payments on its debt are well covered by EBIT (330.6x coverage).