Tsukishima Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Tsukishima Holdings has a total shareholder equity of ¥101.0B and total debt of ¥30.4B, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are ¥183.2B and ¥82.1B respectively. Tsukishima Holdings's EBIT is ¥3.6B making its interest coverage ratio -4.8. It has cash and short-term investments of ¥24.8B.
Key information
30.1%
Debt to equity ratio
JP¥30.38b
Debt
Interest coverage ratio | -4.8x |
Cash | JP¥24.83b |
Equity | JP¥101.04b |
Total liabilities | JP¥82.12b |
Total assets | JP¥183.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6332's short term assets (¥100.0B) exceed its short term liabilities (¥47.3B).
Long Term Liabilities: 6332's short term assets (¥100.0B) exceed its long term liabilities (¥34.8B).
Debt to Equity History and Analysis
Debt Level: 6332's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 6332's debt to equity ratio has increased from 20% to 30.1% over the past 5 years.
Debt Coverage: 6332's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: 6332 earns more interest than it pays, so coverage of interest payments is not a concern.