T&D Holdings Balance Sheet Health
Financial Health criteria checks 4/6
T&D Holdings has a total shareholder equity of ¥1,179.2B and total debt of ¥128.0B, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are ¥16,944.0B and ¥15,764.8B respectively. T&D Holdings's EBIT is ¥528.7B making its interest coverage ratio 364.9. It has cash and short-term investments of ¥1,158.9B.
Key information
10.9%
Debt to equity ratio
JP¥128.00b
Debt
Interest coverage ratio | 364.9x |
Cash | JP¥1.16t |
Equity | JP¥1.18t |
Total liabilities | JP¥15.76t |
Total assets | JP¥16.94t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8795's short term assets (¥2,551.3B) exceed its short term liabilities (¥208.9B).
Long Term Liabilities: 8795's short term assets (¥2,551.3B) do not cover its long term liabilities (¥15,555.9B).
Debt to Equity History and Analysis
Debt Level: 8795 has more cash than its total debt.
Reducing Debt: 8795's debt to equity ratio has reduced from 12% to 10.9% over the past 5 years.
Debt Coverage: 8795's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8795's interest payments on its debt are well covered by EBIT (364.9x coverage).