TSUKADA GLOBAL HOLDINGS Balance Sheet Health
Financial Health criteria checks 1/6
TSUKADA GLOBAL HOLDINGS has a total shareholder equity of ¥31.1B and total debt of ¥55.2B, which brings its debt-to-equity ratio to 177.2%. Its total assets and total liabilities are ¥103.6B and ¥72.5B respectively. TSUKADA GLOBAL HOLDINGS's EBIT is ¥6.3B making its interest coverage ratio 45.7. It has cash and short-term investments of ¥18.0B.
Key information
177.2%
Debt to equity ratio
JP¥55.16b
Debt
| Interest coverage ratio | 45.7x |
| Cash | JP¥17.97b |
| Equity | JP¥31.12b |
| Total liabilities | JP¥72.46b |
| Total assets | JP¥103.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVJ's short term assets (¥22.7B) do not cover its short term liabilities (¥26.1B).
Long Term Liabilities: TVJ's short term assets (¥22.7B) do not cover its long term liabilities (¥46.4B).
Debt to Equity History and Analysis
Debt Level: TVJ's net debt to equity ratio (119.5%) is considered high.
Reducing Debt: TVJ's debt to equity ratio has increased from 107.7% to 177.2% over the past 5 years.
Debt Coverage: TVJ's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: TVJ's interest payments on its debt are well covered by EBIT (45.7x coverage).