Tsukiji Uoichiba Company Balance Sheet Health
Financial Health criteria checks 5/6
Tsukiji Uoichiba Company has a total shareholder equity of ¥6.4B and total debt of ¥5.9B, which brings its debt-to-equity ratio to 92.9%. Its total assets and total liabilities are ¥18.0B and ¥11.6B respectively. Tsukiji Uoichiba Company's EBIT is ¥50.0M making its interest coverage ratio -1.6. It has cash and short-term investments of ¥1.2B.
Key information
92.9%
Debt to equity ratio
JP¥5.95b
Debt
| Interest coverage ratio | -1.6x |
| Cash | JP¥1.18b |
| Equity | JP¥6.41b |
| Total liabilities | JP¥11.58b |
| Total assets | JP¥17.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8039's short term assets (¥8.6B) exceed its short term liabilities (¥7.2B).
Long Term Liabilities: 8039's short term assets (¥8.6B) exceed its long term liabilities (¥4.4B).
Debt to Equity History and Analysis
Debt Level: 8039's net debt to equity ratio (74.4%) is considered high.
Reducing Debt: 8039's debt to equity ratio has reduced from 116.5% to 92.9% over the past 5 years.
Debt Coverage: 8039's debt is well covered by operating cash flow (20.2%).
Interest Coverage: 8039 earns more interest than it pays, so coverage of interest payments is not a concern.