Tohbu Network Balance Sheet Health
Financial Health criteria checks 5/6
Tohbu Network has a total shareholder equity of ¥20.1B and total debt of ¥318.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ¥24.5B and ¥4.4B respectively. Tohbu Network's EBIT is ¥197.0M making its interest coverage ratio -4.2. It has cash and short-term investments of ¥4.1B.
Key information
1.6%
Debt to equity ratio
JP¥318.00m
Debt
| Interest coverage ratio | -4.2x |
| Cash | JP¥4.09b |
| Equity | JP¥20.14b |
| Total liabilities | JP¥4.37b |
| Total assets | JP¥24.51b |
Recent financial health updates
No updates
Recent updates
Tohbu Network (TSE:9036) Has Announced A Dividend Of ¥7.50
Sep 19
Tohbu Network (TSE:9036) Is Paying Out A Dividend Of ¥7.50
Sep 02Tohbu Network (TSE:9036) Has Announced A Dividend Of ¥7.50
Aug 19Tohbu Network (TSE:9036) Is Paying Out A Dividend Of ¥7.50
Jul 25Tohbu Network (TSE:9036) Has Announced A Dividend Of ¥7.50
Jul 11Tohbu Network's (TYO:9036) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Mar 29Is Tohbu Network (TYO:9036) Struggling?
Dec 23Financial Position Analysis
Short Term Liabilities: 9036's short term assets (¥5.7B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 9036's short term assets (¥5.7B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 9036 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9036's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9036's debt is well covered by operating cash flow (258.5%).
Interest Coverage: 9036 earns more interest than it pays, so coverage of interest payments is not a concern.