Tear Balance Sheet Health
Financial Health criteria checks 2/6
Tear has a total shareholder equity of ¥7.8B and total debt of ¥12.1B, which brings its debt-to-equity ratio to 155.4%. Its total assets and total liabilities are ¥26.2B and ¥18.4B respectively. Tear's EBIT is ¥1.0B making its interest coverage ratio 32.5. It has cash and short-term investments of ¥3.9B.
Key information
155.4%
Debt to equity ratio
JP¥12.12b
Debt
Interest coverage ratio | 32.5x |
Cash | JP¥3.91b |
Equity | JP¥7.80b |
Total liabilities | JP¥18.40b |
Total assets | JP¥26.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2485's short term assets (¥5.1B) do not cover its short term liabilities (¥15.1B).
Long Term Liabilities: 2485's short term assets (¥5.1B) exceed its long term liabilities (¥3.3B).
Debt to Equity History and Analysis
Debt Level: 2485's net debt to equity ratio (105.3%) is considered high.
Reducing Debt: 2485's debt to equity ratio has increased from 28.3% to 155.4% over the past 5 years.
Debt Coverage: 2485's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: 2485's interest payments on its debt are well covered by EBIT (32.5x coverage).