TSUKURUBA Balance Sheet Health

Financial Health criteria checks 4/6

TSUKURUBA has a total shareholder equity of ¥1.8B and total debt of ¥2.1B, which brings its debt-to-equity ratio to 117.8%. Its total assets and total liabilities are ¥4.2B and ¥2.4B respectively. TSUKURUBA's EBIT is ¥156.0M making its interest coverage ratio 5.8. It has cash and short-term investments of ¥1.9B.

Key information

117.8%

Debt to equity ratio

JP¥2.12b

Debt

Interest coverage ratio5.8x
CashJP¥1.92b
EquityJP¥1.80b
Total liabilitiesJP¥2.42b
Total assetsJP¥4.22b

Recent financial health updates

Recent updates

TSUKURUBA's (TSE:2978) Attractive Earnings Are Not All Good News For Shareholders

Sep 19
TSUKURUBA's (TSE:2978) Attractive Earnings Are Not All Good News For Shareholders

Financial Position Analysis

Short Term Liabilities: 2978's short term assets (¥4.0B) exceed its short term liabilities (¥1.7B).

Long Term Liabilities: 2978's short term assets (¥4.0B) exceed its long term liabilities (¥715.0M).


Debt to Equity History and Analysis

Debt Level: 2978's net debt to equity ratio (11.3%) is considered satisfactory.

Reducing Debt: 2978's debt to equity ratio has increased from 12.3% to 117.8% over the past 5 years.

Debt Coverage: 2978's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 2978's interest payments on its debt are well covered by EBIT (5.8x coverage).


Balance Sheet


Discover healthy companies