Tsubota Laboratory Balance Sheet Health
Financial Health criteria checks 5/6
Tsubota Laboratory has a total shareholder equity of ¥1.4B and total debt of ¥102.0M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are ¥2.2B and ¥811.0M respectively.
Key information
7.2%
Debt to equity ratio
JP¥102.00m
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥1.36b |
| Equity | JP¥1.41b |
| Total liabilities | JP¥811.00m |
| Total assets | JP¥2.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4890's short term assets (¥2.2B) exceed its short term liabilities (¥731.0M).
Long Term Liabilities: 4890's short term assets (¥2.2B) exceed its long term liabilities (¥80.0M).
Debt to Equity History and Analysis
Debt Level: 4890 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4890's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 4890 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 4890 has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 98.5% each year.