Tonami Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Tonami Holdings has a total shareholder equity of ¥93.5B and total debt of ¥30.8B, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are ¥175.6B and ¥82.1B respectively. Tonami Holdings's EBIT is ¥6.0B making its interest coverage ratio -18.4. It has cash and short-term investments of ¥32.4B.
Key information
33.0%
Debt to equity ratio
JP¥30.81b
Debt
| Interest coverage ratio | -18.4x |
| Cash | JP¥32.43b |
| Equity | JP¥93.48b |
| Total liabilities | JP¥82.08b |
| Total assets | JP¥175.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9070's short term assets (¥60.9B) exceed its short term liabilities (¥40.8B).
Long Term Liabilities: 9070's short term assets (¥60.9B) exceed its long term liabilities (¥41.3B).
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 increased from 30.8% to 33% over the past 5 years.
Debt Coverage: 9070's debt is well covered by operating cash flow (34.8%).
Interest Coverage: 9070 earns more interest than it pays, so coverage of interest payments is not a concern.