TSUKADA GLOBAL HOLDINGS Balance Sheet Health
Financial Health criteria checks 2/6
TSUKADA GLOBAL HOLDINGS has a total shareholder equity of ¥27.4B and total debt of ¥49.2B, which brings its debt-to-equity ratio to 179.4%. Its total assets and total liabilities are ¥93.2B and ¥65.7B respectively. TSUKADA GLOBAL HOLDINGS's EBIT is ¥5.3B making its interest coverage ratio 30.2. It has cash and short-term investments of ¥19.0B.
Key information
179.4%
Debt to equity ratio
JP¥49.21b
Debt
Interest coverage ratio | 30.2x |
Cash | JP¥19.01b |
Equity | JP¥27.43b |
Total liabilities | JP¥65.73b |
Total assets | JP¥93.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2418's short term assets (¥25.2B) exceed its short term liabilities (¥18.3B).
Long Term Liabilities: 2418's short term assets (¥25.2B) do not cover its long term liabilities (¥47.4B).
Debt to Equity History and Analysis
Debt Level: 2418's net debt to equity ratio (110.1%) is considered high.
Reducing Debt: 2418's debt to equity ratio has increased from 106.5% to 179.4% over the past 5 years.
Debt Coverage: 2418's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: 2418's interest payments on its debt are well covered by EBIT (30.2x coverage).