Tenmaya Store Balance Sheet Health
Financial Health criteria checks 5/6
Tenmaya Store has a total shareholder equity of ¥24.8B and total debt of ¥5.7B, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are ¥42.8B and ¥17.9B respectively. Tenmaya Store's EBIT is ¥2.3B making its interest coverage ratio -78.5. It has cash and short-term investments of ¥708.0M.
Key information
22.8%
Debt to equity ratio
JP¥5.67b
Debt
Interest coverage ratio | -78.5x |
Cash | JP¥708.00m |
Equity | JP¥24.85b |
Total liabilities | JP¥17.90b |
Total assets | JP¥42.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9846's short term assets (¥5.8B) do not cover its short term liabilities (¥12.6B).
Long Term Liabilities: 9846's short term assets (¥5.8B) exceed its long term liabilities (¥5.3B).
Debt to Equity History and Analysis
Debt Level: 9846's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: 9846's debt to equity ratio has reduced from 78.8% to 22.8% over the past 5 years.
Debt Coverage: 9846's debt is well covered by operating cash flow (65.6%).
Interest Coverage: 9846 earns more interest than it pays, so coverage of interest payments is not a concern.