ToellLtd Balance Sheet Health
Financial Health criteria checks 6/6
ToellLtd has a total shareholder equity of ¥20.4B and total debt of ¥239.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ¥27.7B and ¥7.3B respectively. ToellLtd's EBIT is ¥2.2B making its interest coverage ratio -2193. It has cash and short-term investments of ¥5.4B.
Key information
1.2%
Debt to equity ratio
JP¥239.00m
Debt
Interest coverage ratio | -2193x |
Cash | JP¥5.43b |
Equity | JP¥20.40b |
Total liabilities | JP¥7.28b |
Total assets | JP¥27.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3361's short term assets (¥11.9B) exceed its short term liabilities (¥4.9B).
Long Term Liabilities: 3361's short term assets (¥11.9B) exceed its long term liabilities (¥2.4B).
Debt to Equity History and Analysis
Debt Level: 3361 has more cash than its total debt.
Reducing Debt: 3361's debt to equity ratio has reduced from 17.3% to 1.2% over the past 5 years.
Debt Coverage: 3361's debt is well covered by operating cash flow (1399.6%).
Interest Coverage: 3361 earns more interest than it pays, so coverage of interest payments is not a concern.