Tsunagu Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Tsunagu Group Holdings has a total shareholder equity of ¥1.9B and total debt of ¥913.0M, which brings its debt-to-equity ratio to 48.2%. Its total assets and total liabilities are ¥5.0B and ¥3.1B respectively. Tsunagu Group Holdings's EBIT is ¥595.0M making its interest coverage ratio 198.3. It has cash and short-term investments of ¥968.0M.
Key information
48.2%
Debt to equity ratio
JP¥913.00m
Debt
Interest coverage ratio | 198.3x |
Cash | JP¥968.00m |
Equity | JP¥1.90b |
Total liabilities | JP¥3.14b |
Total assets | JP¥5.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6551's short term assets (¥3.2B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 6551's short term assets (¥3.2B) exceed its long term liabilities (¥599.0M).
Debt to Equity History and Analysis
Debt Level: 6551 has more cash than its total debt.
Reducing Debt: 6551's debt to equity ratio has reduced from 93.2% to 48.2% over the past 5 years.
Debt Coverage: 6551's debt is well covered by operating cash flow (64.6%).
Interest Coverage: 6551's interest payments on its debt are well covered by EBIT (198.3x coverage).