Tsurumi ManufacturingLtd Balance Sheet Health
Financial Health criteria checks 5/6
Tsurumi ManufacturingLtd has a total shareholder equity of ¥92.8B and total debt of ¥9.2B, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ¥117.3B and ¥24.6B respectively. Tsurumi ManufacturingLtd's EBIT is ¥9.3B making its interest coverage ratio -11.5. It has cash and short-term investments of ¥28.2B.
Key information
10.0%
Debt to equity ratio
JP¥9.25b
Debt
| Interest coverage ratio | -11.5x |
| Cash | JP¥28.15b |
| Equity | JP¥92.77b |
| Total liabilities | JP¥24.55b |
| Total assets | JP¥117.32b |
Recent financial health updates
No updates
Recent updates
Tsurumi ManufacturingLtd's (TSE:6351) Solid Earnings May Rest On Weak Foundations
Nov 25
Tsurumi ManufacturingLtd (TSE:6351) Will Pay A Dividend Of ¥24.00
Aug 29Tsurumi ManufacturingLtd (TSE:6351) Is Due To Pay A Dividend Of ¥22.00
Aug 08Positive Sentiment Still Eludes Tsurumi Manufacturing Co.,Ltd. (TSE:6351) Following 27% Share Price Slump
Aug 06Tsurumi ManufacturingLtd (TSE:6351) Is Paying Out A Dividend Of ¥22.00
Jul 25Tsurumi ManufacturingLtd (TSE:6351) Is Due To Pay A Dividend Of ¥22.00
Jul 11Tsurumi ManufacturingLtd (TSE:6351) Is Increasing Its Dividend To ¥28.00
Mar 03Financial Position Analysis
Short Term Liabilities: 6351's short term assets (¥68.6B) exceed its short term liabilities (¥13.4B).
Long Term Liabilities: 6351's short term assets (¥68.6B) exceed its long term liabilities (¥11.2B).
Debt to Equity History and Analysis
Debt Level: 6351 has more cash than its total debt.
Reducing Debt: 6351's debt to equity ratio has increased from 3.5% to 10% over the past 5 years.
Debt Coverage: 6351's debt is well covered by operating cash flow (99.9%).
Interest Coverage: 6351 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/01 23:48 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tsurumi Manufacturing Co.,Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Koichi Hariya | Ichiyoshi Research Institute Inc. |