Tigers Polymer Balance Sheet Health
Financial Health criteria checks 6/6
Tigers Polymer has a total shareholder equity of ¥42.5B and total debt of ¥3.1B, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are ¥57.3B and ¥14.8B respectively. Tigers Polymer's EBIT is ¥4.0B making its interest coverage ratio -17.1. It has cash and short-term investments of ¥16.5B.
Key information
7.2%
Debt to equity ratio
JP¥3.05b
Debt
| Interest coverage ratio | -17.1x |
| Cash | JP¥16.55b |
| Equity | JP¥42.49b |
| Total liabilities | JP¥14.81b |
| Total assets | JP¥57.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4231's short term assets (¥34.4B) exceed its short term liabilities (¥10.5B).
Long Term Liabilities: 4231's short term assets (¥34.4B) exceed its long term liabilities (¥4.4B).
Debt to Equity History and Analysis
Debt Level: 4231 has more cash than its total debt.
Reducing Debt: 4231's debt to equity ratio has reduced from 8.3% to 7.2% over the past 5 years.
Debt Coverage: 4231's debt is well covered by operating cash flow (205%).
Interest Coverage: 4231 earns more interest than it pays, so coverage of interest payments is not a concern.