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 ratio83.7x
CashJP¥2.79b
EquityJP¥4.11b
Total liabilitiesJP¥2.70b
Total assetsJP¥6.81b

Recent financial health updates

No updates

Recent updates

We Think That There Are Some Issues For Trenders (TSE:6069) Beyond Its Promising Earnings

Nov 21
We Think That There Are Some Issues For Trenders (TSE:6069) Beyond Its Promising Earnings

Here's What To Make Of Trenders' (TSE:6069) Decelerating Rates Of Return

Aug 06
Here's What To Make Of Trenders' (TSE:6069) Decelerating Rates Of Return

Trenders' (TSE:6069) Soft Earnings Are Actually Better Than They Appear

May 22
Trenders' (TSE:6069) Soft Earnings Are Actually Better Than They Appear

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).


Balance Sheet


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