Tess HoldingsLtd Balance Sheet Health
Financial Health criteria checks 2/6
Tess HoldingsLtd has a total shareholder equity of ¥43.1B and total debt of ¥62.4B, which brings its debt-to-equity ratio to 144.8%. Its total assets and total liabilities are ¥117.8B and ¥74.6B respectively. Tess HoldingsLtd's EBIT is ¥4.7B making its interest coverage ratio 7.6. It has cash and short-term investments of ¥25.2B.
Key information
144.8%
Debt to equity ratio
JP¥62.41b
Debt
| Interest coverage ratio | 7.6x |
| Cash | JP¥25.20b |
| Equity | JP¥43.12b |
| Total liabilities | JP¥74.64b |
| Total assets | JP¥117.76b |
Recent financial health updates
No updates
Recent updates
Tess HoldingsLtd (TSE:5074) Has Announced That Its Dividend Will Be Reduced To ¥16.00
May 21
Tess HoldingsLtd (TSE:5074) Is Reducing Its Dividend To ¥16.00
Apr 25Tess HoldingsLtd (TSE:5074) Will Pay A Smaller Dividend Than Last Year
Mar 17Tess HoldingsLtd's (TSE:5074) Dividend Will Be Reduced To ¥16.00
Feb 27Financial Position Analysis
Short Term Liabilities: 5074's short term assets (¥41.3B) exceed its short term liabilities (¥23.0B).
Long Term Liabilities: 5074's short term assets (¥41.3B) do not cover its long term liabilities (¥51.6B).
Debt to Equity History and Analysis
Debt Level: 5074's net debt to equity ratio (86.3%) is considered high.
Reducing Debt: Insufficient data to determine if 5074's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 5074's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: 5074's interest payments on its debt are well covered by EBIT (7.6x coverage).