Tonami Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Tonami Holdings has a total shareholder equity of ¥90.7B and total debt of ¥27.9B, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are ¥168.4B and ¥77.7B respectively. Tonami Holdings's EBIT is ¥6.3B making its interest coverage ratio -21.6. It has cash and short-term investments of ¥32.5B.
Key information
30.8%
Debt to equity ratio
JP¥27.92b
Debt
Interest coverage ratio | -21.6x |
Cash | JP¥32.52b |
Equity | JP¥90.74b |
Total liabilities | JP¥77.70b |
Total assets | JP¥168.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9070's short term assets (¥61.7B) exceed its short term liabilities (¥37.5B).
Long Term Liabilities: 9070's short term assets (¥61.7B) exceed its long term liabilities (¥40.2B).
Debt to Equity History and Analysis
Debt Level: 9070 has more cash than its total debt.
Reducing Debt: 9070's debt to equity ratio has reduced from 31% to 30.8% over the past 5 years.
Debt Coverage: 9070's debt is well covered by operating cash flow (38.1%).
Interest Coverage: 9070 earns more interest than it pays, so coverage of interest payments is not a concern.