Tsuchiya Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Tsuchiya Holdings has a total shareholder equity of ¥11.4B and total debt of ¥3.9B, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are ¥27.1B and ¥15.7B respectively. Tsuchiya Holdings's EBIT is ¥170.0M making its interest coverage ratio 8.9. It has cash and short-term investments of ¥4.4B.
Key information
34.1%
Debt to equity ratio
JP¥3.90b
Debt
| Interest coverage ratio | 8.9x |
| Cash | JP¥4.37b |
| Equity | JP¥11.43b |
| Total liabilities | JP¥15.71b |
| Total assets | JP¥27.14b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1840's short term assets (¥16.5B) exceed its short term liabilities (¥10.1B).
Long Term Liabilities: 1840's short term assets (¥16.5B) exceed its long term liabilities (¥5.6B).
Debt to Equity History and Analysis
Debt Level: 1840 has more cash than its total debt.
Reducing Debt: 1840's debt to equity ratio has increased from 0% to 34.1% 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 (8.9x coverage).