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 ratio | 5.8x |
| Cash | JP¥1.92b |
| Equity | JP¥1.80b |
| Total liabilities | JP¥2.42b |
| Total assets | JP¥4.22b |
Recent financial health updates
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).