TSI HoldingsLtd Balance Sheet Health
Financial Health criteria checks 5/6
TSI HoldingsLtd has a total shareholder equity of ¥97.4B and total debt of ¥10.0B, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are ¥133.5B and ¥36.0B respectively. TSI HoldingsLtd's EBIT is ¥1.8B making its interest coverage ratio -1.7. It has cash and short-term investments of ¥27.5B.
Key information
10.2%
Debt to equity ratio
JP¥9.95b
Debt
Interest coverage ratio | -1.7x |
Cash | JP¥27.47b |
Equity | JP¥97.42b |
Total liabilities | JP¥36.04b |
Total assets | JP¥133.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3608's short term assets (¥70.9B) exceed its short term liabilities (¥28.4B).
Long Term Liabilities: 3608's short term assets (¥70.9B) exceed its long term liabilities (¥7.7B).
Debt to Equity History and Analysis
Debt Level: 3608 has more cash than its total debt.
Reducing Debt: 3608's debt to equity ratio has reduced from 41.9% to 10.2% over the past 5 years.
Debt Coverage: 3608's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3608 earns more interest than it pays, so coverage of interest payments is not a concern.