Trenders Balance Sheet Health
Financial Health criteria checks 5/6
Trenders has a total shareholder equity of ¥4.1B and total debt of ¥1.5B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are ¥6.8B and ¥2.7B respectively. Trenders's EBIT is ¥921.0M making its interest coverage ratio 83.7. It has cash and short-term investments of ¥2.8B.
Key information
36.5%
Debt to equity ratio
JP¥1.50b
Debt
Interest coverage ratio | 83.7x |
Cash | JP¥2.79b |
Equity | JP¥4.11b |
Total liabilities | JP¥2.70b |
Total assets | JP¥6.81b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6069's short term assets (¥6.4B) exceed its short term liabilities (¥2.7B).
Long Term Liabilities: 6069's short term assets (¥6.4B) exceed its long term liabilities (¥36.0M).
Debt to Equity History and Analysis
Debt Level: 6069 has more cash than its total debt.
Reducing Debt: 6069's debt to equity ratio has increased from 0% to 36.5% over the past 5 years.
Debt Coverage: 6069's debt is well covered by operating cash flow (48.3%).
Interest Coverage: 6069's interest payments on its debt are well covered by EBIT (83.7x coverage).