TIS Balance Sheet Health
Financial Health criteria checks 6/6
TIS has a total shareholder equity of ¥309.2B and total debt of ¥16.0B, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ¥462.3B and ¥153.1B respectively. TIS's EBIT is ¥62.3B making its interest coverage ratio -56.3. It has cash and short-term investments of ¥95.0B.
Key information
5.2%
Debt to equity ratio
JP¥16.04b
Debt
| Interest coverage ratio | -56.3x |
| Cash | JP¥94.96b |
| Equity | JP¥309.22b |
| Total liabilities | JP¥153.10b |
| Total assets | JP¥462.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3626 N's short term assets (¥268.7B) exceed its short term liabilities (¥117.2B).
Long Term Liabilities: 3626 N's short term assets (¥268.7B) exceed its long term liabilities (¥35.9B).
Debt to Equity History and Analysis
Debt Level: 3626 N has more cash than its total debt.
Reducing Debt: 3626 N's debt to equity ratio has reduced from 13.2% to 5.2% over the past 5 years.
Debt Coverage: 3626 N's debt is well covered by operating cash flow (209.7%).
Interest Coverage: 3626 N earns more interest than it pays, so coverage of interest payments is not a concern.