TSUKADA GLOBAL HOLDINGS Balance Sheet Health
Financial Health criteria checks 1/6
TSUKADA GLOBAL HOLDINGS has a total shareholder equity of ¥29.7B and total debt of ¥53.3B, which brings its debt-to-equity ratio to 179.5%. Its total assets and total liabilities are ¥100.4B and ¥70.7B respectively. TSUKADA GLOBAL HOLDINGS's EBIT is ¥6.5B making its interest coverage ratio 18.3. It has cash and short-term investments of ¥18.0B.
Key information
179.5%
Debt to equity ratio
JP¥53.27b
Debt
| Interest coverage ratio | 18.3x |
| Cash | JP¥17.99b |
| Equity | JP¥29.68b |
| Total liabilities | JP¥70.74b |
| Total assets | JP¥100.42b |
Recent financial health updates
No updates
Recent updates
TSUKADA GLOBAL HOLDINGS (TSE:2418) Will Pay A Dividend Of ¥5.00
Aug 26
Impressive Earnings May Not Tell The Whole Story For TSUKADA GLOBAL HOLDINGS (TSE:2418)
Aug 19TSUKADA GLOBAL HOLDINGS (TSE:2418) Is Due To Pay A Dividend Of ¥5.00
Aug 12Lacklustre Performance Is Driving TSUKADA GLOBAL HOLDINGS Inc.'s (TSE:2418) Low P/E
Aug 02TSUKADA GLOBAL HOLDINGS (TSE:2418) Will Pay A Dividend Of ¥5.00
Jun 11TSUKADA GLOBAL HOLDINGS' (TSE:2418) Dividend Will Be ¥5.00
May 28TSUKADA GLOBAL HOLDINGS (TSE:2418) Will Pay A Dividend Of ¥5.00
Apr 25TSUKADA GLOBAL HOLDINGS (TSE:2418) Has Announced A Dividend Of ¥5.00
Apr 11Financial Position Analysis
Short Term Liabilities: 2418's short term assets (¥23.0B) do not cover its short term liabilities (¥25.4B).
Long Term Liabilities: 2418's short term assets (¥23.0B) do not cover its long term liabilities (¥45.3B).
Debt to Equity History and Analysis
Debt Level: 2418's net debt to equity ratio (118.9%) is considered high.
Reducing Debt: 2418's debt to equity ratio has increased from 107.9% to 179.5% over the past 5 years.
Debt Coverage: 2418's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: 2418's interest payments on its debt are well covered by EBIT (18.3x coverage).