TRUST Holdings Balance Sheet Health
Financial Health criteria checks 5/6
TRUST Holdings has a total shareholder equity of ¥796.0M and total debt of ¥5.3B, which brings its debt-to-equity ratio to 662.7%. Its total assets and total liabilities are ¥8.1B and ¥7.3B respectively. TRUST Holdings's EBIT is ¥790.0M making its interest coverage ratio 8.3. It has cash and short-term investments of ¥2.2B.
Key information
662.7%
Debt to equity ratio
JP¥5.28b
Debt
Interest coverage ratio | 8.3x |
Cash | JP¥2.17b |
Equity | JP¥796.00m |
Total liabilities | JP¥7.28b |
Total assets | JP¥8.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3286's short term assets (¥5.1B) exceed its short term liabilities (¥4.3B).
Long Term Liabilities: 3286's short term assets (¥5.1B) exceed its long term liabilities (¥3.0B).
Debt to Equity History and Analysis
Debt Level: 3286's net debt to equity ratio (390.5%) is considered high.
Reducing Debt: 3286's debt to equity ratio has reduced from 1250% to 662.7% over the past 5 years.
Debt Coverage: 3286's debt is well covered by operating cash flow (37.6%).
Interest Coverage: 3286's interest payments on its debt are well covered by EBIT (8.3x coverage).