TASUKI Balance Sheet Health
Financial Health criteria checks 3/6
TASUKI has a total shareholder equity of ¥7.0B and total debt of ¥11.6B, which brings its debt-to-equity ratio to 165.8%. Its total assets and total liabilities are ¥19.2B and ¥12.1B respectively. TASUKI's EBIT is ¥2.3B making its interest coverage ratio 13.5. It has cash and short-term investments of ¥5.3B.
Key information
165.8%
Debt to equity ratio
JP¥11.62b
Debt
| Interest coverage ratio | 13.5x |
| Cash | JP¥5.34b |
| Equity | JP¥7.01b |
| Total liabilities | JP¥12.15b |
| Total assets | JP¥19.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2987's short term assets (¥18.6B) exceed its short term liabilities (¥5.5B).
Long Term Liabilities: 2987's short term assets (¥18.6B) exceed its long term liabilities (¥6.6B).
Debt to Equity History and Analysis
Debt Level: 2987's net debt to equity ratio (89.7%) is considered high.
Reducing Debt: Insufficient data to determine if 2987's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2987's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2987's interest payments on its debt are well covered by EBIT (13.5x coverage).