Tsugami Balance Sheet Health
Financial Health criteria checks 5/6
Tsugami has a total shareholder equity of ¥67.9B and total debt of ¥17.3B, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are ¥112.5B and ¥44.6B respectively. Tsugami's EBIT is ¥12.6B making its interest coverage ratio -19.7. It has cash and short-term investments of ¥31.8B.
Key information
25.4%
Debt to equity ratio
JP¥17.26b
Debt
Interest coverage ratio | -19.7x |
Cash | JP¥31.78b |
Equity | JP¥67.92b |
Total liabilities | JP¥44.59b |
Total assets | JP¥112.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6101's short term assets (¥88.6B) exceed its short term liabilities (¥39.3B).
Long Term Liabilities: 6101's short term assets (¥88.6B) exceed its long term liabilities (¥5.3B).
Debt to Equity History and Analysis
Debt Level: 6101 has more cash than its total debt.
Reducing Debt: 6101's debt to equity ratio has increased from 13.2% to 25.4% over the past 5 years.
Debt Coverage: 6101's debt is well covered by operating cash flow (87.6%).
Interest Coverage: 6101 earns more interest than it pays, so coverage of interest payments is not a concern.