Townnews-ShaLtd Balance Sheet Health
Financial Health criteria checks 6/6
Townnews-ShaLtd has a total shareholder equity of ¥4.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥5.3B and ¥545.0M respectively. Townnews-ShaLtd's EBIT is ¥551.0M making its interest coverage ratio -29. It has cash and short-term investments of ¥1.7B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -29x |
| Cash | JP¥1.67b |
| Equity | JP¥4.73b |
| Total liabilities | JP¥545.00m |
| Total assets | JP¥5.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2481's short term assets (¥2.1B) exceed its short term liabilities (¥422.0M).
Long Term Liabilities: 2481's short term assets (¥2.1B) exceed its long term liabilities (¥123.0M).
Debt to Equity History and Analysis
Debt Level: 2481 is debt free.
Reducing Debt: 2481 had no debt 5 years ago.
Debt Coverage: 2481 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2481 has no debt, therefore coverage of interest payments is not a concern.