Twinbird Balance Sheet Health
Financial Health criteria checks 4/6
Twinbird has a total shareholder equity of ¥8.3B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are ¥11.1B and ¥2.8B respectively. Twinbird's EBIT is ¥41.0M making its interest coverage ratio 2.9. It has cash and short-term investments of ¥918.0M.
Key information
15.9%
Debt to equity ratio
JP¥1.32b
Debt
Interest coverage ratio | 2.9x |
Cash | JP¥918.00m |
Equity | JP¥8.30b |
Total liabilities | JP¥2.84b |
Total assets | JP¥11.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6897's short term assets (¥6.2B) exceed its short term liabilities (¥1.9B).
Long Term Liabilities: 6897's short term assets (¥6.2B) exceed its long term liabilities (¥919.0M).
Debt to Equity History and Analysis
Debt Level: 6897's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 6897's debt to equity ratio has reduced from 66.2% to 15.9% over the past 5 years.
Debt Coverage: 6897's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 6897's interest payments on its debt are not well covered by EBIT (2.9x coverage).