TBS HoldingsInc Balance Sheet Health
Financial Health criteria checks 5/6
TBS HoldingsInc has a total shareholder equity of ¥953.3B and total debt of ¥3.9B, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ¥1,288.3B and ¥334.9B respectively. TBS HoldingsInc's EBIT is ¥17.6B making its interest coverage ratio -1.5. It has cash and short-term investments of ¥40.4B.
Key information
0.4%
Debt to equity ratio
JP¥3.88b
Debt
Interest coverage ratio | -1.5x |
Cash | JP¥40.35b |
Equity | JP¥953.33b |
Total liabilities | JP¥334.94b |
Total assets | JP¥1.29t |
Financial Position Analysis
Short Term Liabilities: 9401's short term assets (¥159.8B) exceed its short term liabilities (¥87.5B).
Long Term Liabilities: 9401's short term assets (¥159.8B) do not cover its long term liabilities (¥247.4B).
Debt to Equity History and Analysis
Debt Level: 9401 has more cash than its total debt.
Reducing Debt: 9401's debt to equity ratio has reduced from 0.7% to 0.4% over the past 5 years.
Debt Coverage: 9401's debt is well covered by operating cash flow (889.5%).
Interest Coverage: 9401 earns more interest than it pays, so coverage of interest payments is not a concern.