Tsuruya Balance Sheet Health
Financial Health criteria checks 6/6
Tsuruya has a total shareholder equity of ¥11.9B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ¥15.8B and ¥4.0B respectively. Tsuruya's EBIT is ¥104.0M making its interest coverage ratio -6.5. It has cash and short-term investments of ¥1.7B.
Key information
12.6%
Debt to equity ratio
JP¥1.50b
Debt
Interest coverage ratio | -6.5x |
Cash | JP¥1.65b |
Equity | JP¥11.89b |
Total liabilities | JP¥3.95b |
Total assets | JP¥15.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5386's short term assets (¥4.3B) exceed its short term liabilities (¥3.3B).
Long Term Liabilities: 5386's short term assets (¥4.3B) exceed its long term liabilities (¥614.0M).
Debt to Equity History and Analysis
Debt Level: 5386 has more cash than its total debt.
Reducing Debt: 5386's debt to equity ratio has reduced from 20.7% to 12.6% over the past 5 years.
Debt Coverage: 5386's debt is well covered by operating cash flow (44.1%).
Interest Coverage: 5386 earns more interest than it pays, so coverage of interest payments is not a concern.