ToellLtd Balance Sheet Health
Financial Health criteria checks 6/6
ToellLtd has a total shareholder equity of ¥20.6B and total debt of ¥139.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥26.5B and ¥5.8B respectively. ToellLtd's EBIT is ¥2.3B making its interest coverage ratio -452.2. It has cash and short-term investments of ¥5.2B.
Key information
0.7%
Debt to equity ratio
JP¥139.00m
Debt
| Interest coverage ratio | -452.2x |
| Cash | JP¥5.17b |
| Equity | JP¥20.63b |
| Total liabilities | JP¥5.83b |
| Total assets | JP¥26.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3361's short term assets (¥10.5B) exceed its short term liabilities (¥4.2B).
Long Term Liabilities: 3361's short term assets (¥10.5B) exceed its long term liabilities (¥1.6B).
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 15.3% to 0.7% over the past 5 years.
Debt Coverage: 3361's debt is well covered by operating cash flow (1812.9%).
Interest Coverage: 3361 earns more interest than it pays, so coverage of interest payments is not a concern.