Tear Balance Sheet Health
Financial Health criteria checks 1/6
Tear has a total shareholder equity of ¥8.2B and total debt of ¥11.9B, which brings its debt-to-equity ratio to 145.5%. Its total assets and total liabilities are ¥27.3B and ¥19.1B respectively. Tear's EBIT is ¥1.4B making its interest coverage ratio 15.1. It has cash and short-term investments of ¥4.3B.
Key information
145.5%
Debt to equity ratio
JP¥11.91b
Debt
| Interest coverage ratio | 15.1x |
| Cash | JP¥4.29b |
| Equity | JP¥8.19b |
| Total liabilities | JP¥19.14b |
| Total assets | JP¥27.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2485's short term assets (¥5.7B) do not cover its short term liabilities (¥5.9B).
Long Term Liabilities: 2485's short term assets (¥5.7B) do not cover its long term liabilities (¥13.3B).
Debt to Equity History and Analysis
Debt Level: 2485's net debt to equity ratio (93%) is considered high.
Reducing Debt: 2485's debt to equity ratio has increased from 21.4% to 145.5% over the past 5 years.
Debt Coverage: 2485's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: 2485's interest payments on its debt are well covered by EBIT (15.1x coverage).