Tsuchiya Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Tsuchiya Holdings has a total shareholder equity of ¥11.6B and total debt of ¥5.9B, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are ¥24.9B and ¥13.2B respectively. Tsuchiya Holdings's EBIT is ¥427.0M making its interest coverage ratio 32.8. It has cash and short-term investments of ¥3.3B.
Key information
50.7%
Debt to equity ratio
JP¥5.90b
Debt
Interest coverage ratio | 32.8x |
Cash | JP¥3.27b |
Equity | JP¥11.63b |
Total liabilities | JP¥13.24b |
Total assets | JP¥24.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1840's short term assets (¥14.8B) exceed its short term liabilities (¥8.7B).
Long Term Liabilities: 1840's short term assets (¥14.8B) exceed its long term liabilities (¥4.5B).
Debt to Equity History and Analysis
Debt Level: 1840's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: 1840's debt to equity ratio has increased from 14.3% to 50.7% over the past 5 years.
Debt Coverage: 1840's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1840's interest payments on its debt are well covered by EBIT (32.8x coverage).