Townnews-ShaLtd Balance Sheet Health
Financial Health criteria checks 6/6
Townnews-ShaLtd has a total shareholder equity of ¥4.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥5.1B and ¥617.0M respectively. Townnews-ShaLtd's EBIT is ¥581.0M making its interest coverage ratio -34.2. It has cash and short-term investments of ¥1.8B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | -34.2x |
Cash | JP¥1.82b |
Equity | JP¥4.45b |
Total liabilities | JP¥617.00m |
Total assets | JP¥5.07b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2481's short term assets (¥2.2B) exceed its short term liabilities (¥481.0M).
Long Term Liabilities: 2481's short term assets (¥2.2B) exceed its long term liabilities (¥136.0M).
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.