Tsuchiya Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Tsuchiya Holdings has a total shareholder equity of ¥11.5B and total debt of ¥5.6B, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are ¥25.8B and ¥14.3B respectively. Tsuchiya Holdings's EBIT is ¥138.0M making its interest coverage ratio 9.2. It has cash and short-term investments of ¥3.8B.
Key information
48.8%
Debt to equity ratio
JP¥5.60b
Debt
Interest coverage ratio | 9.2x |
Cash | JP¥3.77b |
Equity | JP¥11.47b |
Total liabilities | JP¥14.32b |
Total assets | JP¥25.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1840's short term assets (¥15.2B) exceed its short term liabilities (¥8.8B).
Long Term Liabilities: 1840's short term assets (¥15.2B) exceed its long term liabilities (¥5.5B).
Debt to Equity History and Analysis
Debt Level: 1840's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 1840's debt to equity ratio has increased from 10.2% to 48.8% 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 (9.2x coverage).