Tetsujin Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Tetsujin Holdings has a total shareholder equity of ¥218.0M and total debt of ¥2.7B, which brings its debt-to-equity ratio to 1237.2%. Its total assets and total liabilities are ¥4.2B and ¥4.0B respectively. Tetsujin Holdings's EBIT is ¥63.0M making its interest coverage ratio 1.9. It has cash and short-term investments of ¥805.0M.
Key information
1,237.2%
Debt to equity ratio
JP¥2.70b
Debt
Interest coverage ratio | 1.9x |
Cash | JP¥805.00m |
Equity | JP¥218.00m |
Total liabilities | JP¥3.99b |
Total assets | JP¥4.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2404's short term assets (¥1.5B) do not cover its short term liabilities (¥3.1B).
Long Term Liabilities: 2404's short term assets (¥1.5B) exceed its long term liabilities (¥863.0M).
Debt to Equity History and Analysis
Debt Level: 2404's net debt to equity ratio (867.9%) is considered high.
Reducing Debt: 2404's debt to equity ratio has increased from 664.3% to 1237.2% over the past 5 years.
Debt Coverage: 2404's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: 2404's interest payments on its debt are not well covered by EBIT (1.9x coverage).