Tetsujin Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Tetsujin Holdings has a total shareholder equity of ¥223.0M and total debt of ¥2.6B, which brings its debt-to-equity ratio to 1176.7%. Its total assets and total liabilities are ¥4.3B and ¥4.1B respectively. Tetsujin Holdings's EBIT is ¥70.0M making its interest coverage ratio 2.1. It has cash and short-term investments of ¥738.0M.
Key information
1,176.7%
Debt to equity ratio
JP¥2.62b
Debt
| Interest coverage ratio | 2.1x |
| Cash | JP¥738.00m |
| Equity | JP¥223.00m |
| Total liabilities | JP¥4.10b |
| Total assets | JP¥4.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2404's short term assets (¥1.6B) do not cover its short term liabilities (¥2.1B).
Long Term Liabilities: 2404's short term assets (¥1.6B) do not cover its long term liabilities (¥2.0B).
Debt to Equity History and Analysis
Debt Level: 2404's net debt to equity ratio (845.7%) is considered high.
Reducing Debt: 2404's debt to equity ratio has increased from 644.7% to 1176.7% over the past 5 years.
Debt Coverage: 2404's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: 2404's interest payments on its debt are not well covered by EBIT (2.1x coverage).