TSUKADA GLOBAL HOLDINGS Balance Sheet Health
Financial Health criteria checks 1/6
TSUKADA GLOBAL HOLDINGS has a total shareholder equity of ¥29.7B and total debt of ¥53.3B, which brings its debt-to-equity ratio to 179.5%. Its total assets and total liabilities are ¥100.4B and ¥70.7B respectively. TSUKADA GLOBAL HOLDINGS's EBIT is ¥6.5B making its interest coverage ratio 18.3. It has cash and short-term investments of ¥18.0B.
Key information
179.5%
Debt to equity ratio
JP¥53.27b
Debt
| Interest coverage ratio | 18.3x |
| Cash | JP¥17.99b |
| Equity | JP¥29.68b |
| Total liabilities | JP¥70.74b |
| Total assets | JP¥100.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVJ's short term assets (¥23.0B) do not cover its short term liabilities (¥25.4B).
Long Term Liabilities: TVJ's short term assets (¥23.0B) do not cover its long term liabilities (¥45.3B).
Debt to Equity History and Analysis
Debt Level: TVJ's net debt to equity ratio (118.9%) is considered high.
Reducing Debt: TVJ's debt to equity ratio has increased from 107.9% to 179.5% over the past 5 years.
Debt Coverage: TVJ's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: TVJ's interest payments on its debt are well covered by EBIT (18.3x coverage).