Tsukishima Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Tsukishima Holdings has a total shareholder equity of ¥105.1B and total debt of ¥22.8B, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are ¥178.0B and ¥72.9B respectively. Tsukishima Holdings's EBIT is ¥8.0B making its interest coverage ratio -9.6. It has cash and short-term investments of ¥32.3B.
Key information
21.7%
Debt to equity ratio
JP¥22.76b
Debt
| Interest coverage ratio | -9.6x |
| Cash | JP¥32.27b |
| Equity | JP¥105.06b |
| Total liabilities | JP¥72.95b |
| Total assets | JP¥178.01b |
Recent financial health updates
No updates
Recent updates
Investors Can Find Comfort In Tsukishima Holdings' (TSE:6332) Earnings Quality
Nov 15
Tsukishima Holdings (TSE:6332) Is Increasing Its Dividend To ¥26.00
Sep 21Tsukishima Holdings (TSE:6332) Will Pay A Larger Dividend Than Last Year At ¥26.00
Aug 13Tsukishima Holdings (TSE:6332) Has Announced That It Will Be Increasing Its Dividend To ¥26.00
Jul 25Tsukishima Holdings' (TSE:6332) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 11Tsukishima Holdings (TSE:6332) Is Due To Pay A Dividend Of ¥21.00
Mar 12Tsukishima Holdings (TSE:6332) Will Pay A Dividend Of ¥21.00
Feb 27Financial Position Analysis
Short Term Liabilities: 6332's short term assets (¥95.6B) exceed its short term liabilities (¥38.8B).
Long Term Liabilities: 6332's short term assets (¥95.6B) exceed its long term liabilities (¥34.1B).
Debt to Equity History and Analysis
Debt Level: 6332 has more cash than its total debt.
Reducing Debt: 6332's debt to equity ratio has increased from 19.9% to 21.7% over the past 5 years.
Debt Coverage: 6332's debt is well covered by operating cash flow (41.3%).
Interest Coverage: 6332 earns more interest than it pays, so coverage of interest payments is not a concern.