Traders HoldingsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Traders HoldingsLtd has a total shareholder equity of ¥13.6B and total debt of ¥2.3B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are ¥106.1B and ¥92.5B respectively.
Key information
17.1%
Debt to equity ratio
JP¥2.34b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥95.00b |
| Equity | JP¥13.63b |
| Total liabilities | JP¥92.51b |
| Total assets | JP¥106.14b |
Financial Position Analysis
Short Term Liabilities: 8704's short term assets (¥104.3B) exceed its short term liabilities (¥92.0B).
Long Term Liabilities: 8704's short term assets (¥104.3B) exceed its long term liabilities (¥501.0M).
Debt to Equity History and Analysis
Debt Level: 8704 has more cash than its total debt.
Reducing Debt: 8704's debt to equity ratio has reduced from 1803% to 17.1% over the past 5 years.
Debt Coverage: 8704's debt is well covered by operating cash flow (179.5%).
Interest Coverage: Insufficient data to determine if 8704's interest payments on its debt are well covered by EBIT.