Koei Tecmo Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Koei Tecmo Holdings has a total shareholder equity of ¥157.6B and total debt of ¥61.7B, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are ¥244.8B and ¥87.2B respectively. Koei Tecmo Holdings's EBIT is ¥36.5B making its interest coverage ratio -2.5. It has cash and short-term investments of ¥72.6B.
Key information
39.2%
Debt to equity ratio
JP¥61.74b
Debt
Interest coverage ratio | -2.5x |
Cash | JP¥72.57b |
Equity | JP¥157.60b |
Total liabilities | JP¥87.25b |
Total assets | JP¥244.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 85T's short term assets (¥92.1B) exceed its short term liabilities (¥86.0B).
Long Term Liabilities: 85T's short term assets (¥92.1B) 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 39.2% over the past 5 years.
Debt Coverage: 85T's debt is well covered by operating cash flow (55.9%).
Interest Coverage: 85T earns more interest than it pays, so coverage of interest payments is not a concern.