Tsubaki Nakashima Balance Sheet Health
Financial Health criteria checks 3/6
Tsubaki Nakashima has a total shareholder equity of ¥54.1B and total debt of ¥90.4B, which brings its debt-to-equity ratio to 166.9%. Its total assets and total liabilities are ¥166.1B and ¥111.9B respectively. Tsubaki Nakashima's EBIT is ¥3.5B making its interest coverage ratio 3.2. It has cash and short-term investments of ¥23.0B.
Key information
166.9%
Debt to equity ratio
JP¥90.36b
Debt
Interest coverage ratio | 3.2x |
Cash | JP¥23.00b |
Equity | JP¥54.14b |
Total liabilities | JP¥111.94b |
Total assets | JP¥166.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6464's short term assets (¥84.2B) exceed its short term liabilities (¥32.0B).
Long Term Liabilities: 6464's short term assets (¥84.2B) exceed its long term liabilities (¥79.9B).
Debt to Equity History and Analysis
Debt Level: 6464's net debt to equity ratio (124.4%) is considered high.
Reducing Debt: 6464's debt to equity ratio has increased from 159.9% to 166.9% over the past 5 years.
Debt Coverage: 6464's debt is not well covered by operating cash flow (1.6%).
Interest Coverage: 6464's interest payments on its debt are well covered by EBIT (3.2x coverage).