Koei Tecmo Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Koei Tecmo Holdings has a total shareholder equity of ¥171.6B and total debt of ¥55.1B, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are ¥241.6B and ¥70.0B respectively. Koei Tecmo Holdings's EBIT is ¥25.3B making its interest coverage ratio -1.3. It has cash and short-term investments of ¥74.6B.
Key information
32.1%
Debt to equity ratio
JP¥55.13b
Debt
| Interest coverage ratio | -1.3x |
| Cash | JP¥74.58b |
| Equity | JP¥171.61b |
| Total liabilities | JP¥69.97b |
| Total assets | JP¥241.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 85T's short term assets (¥91.5B) exceed its short term liabilities (¥68.8B).
Long Term Liabilities: 85T's short term assets (¥91.5B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 85T has more cash than its total debt.
Reducing Debt: 85T's debt to equity ratio has increased from 0% to 32.1% over the past 5 years.
Debt Coverage: 85T's debt is well covered by operating cash flow (53.5%).
Interest Coverage: 85T earns more interest than it pays, so coverage of interest payments is not a concern.