Tsuruha Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Tsuruha Holdings has a total shareholder equity of ¥306.6B and total debt of ¥34.1B, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are ¥542.9B and ¥236.3B respectively. Tsuruha Holdings's EBIT is ¥48.1B making its interest coverage ratio 39. It has cash and short-term investments of ¥51.3B.
Key information
11.1%
Debt to equity ratio
JP¥34.08b
Debt
| Interest coverage ratio | 39x |
| Cash | JP¥51.32b |
| Equity | JP¥306.56b |
| Total liabilities | JP¥236.32b |
| Total assets | JP¥542.88b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3391's short term assets (¥266.2B) exceed its short term liabilities (¥174.4B).
Long Term Liabilities: 3391's short term assets (¥266.2B) exceed its long term liabilities (¥61.9B).
Debt to Equity History and Analysis
Debt Level: 3391 has more cash than its total debt.
Reducing Debt: 3391's debt to equity ratio has increased from 4.7% to 11.1% over the past 5 years.
Debt Coverage: 3391's debt is well covered by operating cash flow (150%).
Interest Coverage: 3391's interest payments on its debt are well covered by EBIT (39x coverage).