Looks like it's made of thin leather, but it's not. I mounted it on the side of my 500 pound bike and it fell onto that side at about 40 mph. The bag contained a sturdy, large water bottle and slid at least 15 feet down this bag, only superficially scratching the skin. The straps held up well even though they had scratches. If anything, the bag absorbed much of the damage my bike would have suffered if it wasn't set up where it was. I use this thing to carry rocks that barely fit in a pocket, it's strong enough for your tools. My only issues with it are that the straps and buckles are a little fiddly to work with gloves on and the bag doesn't close very well. This isn't a problem if you installed it as a fork pocket, but if you installed it in any other orientation, small items may fall out.
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