Tanabe Consulting GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Tanabe Consulting GroupLtd has a total shareholder equity of ¥11.1B and total debt of ¥239.0M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ¥13.8B and ¥2.7B respectively. Tanabe Consulting GroupLtd's EBIT is ¥1.1B making its interest coverage ratio -1080. It has cash and short-term investments of ¥7.4B.
Key information
2.1%
Debt to equity ratio
JP¥239.00m
Debt
Interest coverage ratio | -1080x |
Cash | JP¥7.41b |
Equity | JP¥11.13b |
Total liabilities | JP¥2.71b |
Total assets | JP¥13.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9644's short term assets (¥9.0B) exceed its short term liabilities (¥2.1B).
Long Term Liabilities: 9644's short term assets (¥9.0B) exceed its long term liabilities (¥571.0M).
Debt to Equity History and Analysis
Debt Level: 9644 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9644's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9644's debt is well covered by operating cash flow (338.5%).
Interest Coverage: 9644 earns more interest than it pays, so coverage of interest payments is not a concern.