T.RAD Balance Sheet Health
Financial Health criteria checks 5/6
T.RAD has a total shareholder equity of ¥45.7B and total debt of ¥20.5B, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are ¥99.1B and ¥53.4B respectively. T.RAD's EBIT is ¥4.8B making its interest coverage ratio 12.8. It has cash and short-term investments of ¥16.5B.
Key information
44.8%
Debt to equity ratio
JP¥20.47b
Debt
| Interest coverage ratio | 12.8x |
| Cash | JP¥16.47b |
| Equity | JP¥45.73b |
| Total liabilities | JP¥53.40b |
| Total assets | JP¥99.13b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 7236's short term assets (¥62.6B) exceed its short term liabilities (¥34.7B).
Long Term Liabilities: 7236's short term assets (¥62.6B) exceed its long term liabilities (¥18.7B).
Debt to Equity History and Analysis
Debt Level: 7236's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: 7236's debt to equity ratio has increased from 38.6% to 44.8% over the past 5 years.
Debt Coverage: 7236's debt is well covered by operating cash flow (75%).
Interest Coverage: 7236's interest payments on its debt are well covered by EBIT (12.8x coverage).