Tohbu Network Balance Sheet Health
Financial Health criteria checks 5/6
Tohbu Network has a total shareholder equity of ¥20.3B and total debt of ¥307.0M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ¥24.5B and ¥4.2B respectively. Tohbu Network's EBIT is ¥359.0M making its interest coverage ratio -9.2. It has cash and short-term investments of ¥4.4B.
Key information
1.5%
Debt to equity ratio
JP¥307.00m
Debt
| Interest coverage ratio | -9.2x |
| Cash | JP¥4.44b |
| Equity | JP¥20.26b |
| Total liabilities | JP¥4.22b |
| Total assets | JP¥24.48b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9036's short term assets (¥6.2B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 9036's short term assets (¥6.2B) exceed its long term liabilities (¥2.5B).
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 (300.3%).
Interest Coverage: 9036 earns more interest than it pays, so coverage of interest payments is not a concern.