Tea Life Balance Sheet Health
Financial Health criteria checks 6/6
Tea Life has a total shareholder equity of ¥6.2B and total debt of ¥568.0M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are ¥8.7B and ¥2.4B respectively. Tea Life's EBIT is ¥665.0M making its interest coverage ratio -665. It has cash and short-term investments of ¥2.4B.
Key information
9.1%
Debt to equity ratio
JP¥568.00m
Debt
Interest coverage ratio | -665x |
Cash | JP¥2.41b |
Equity | JP¥6.21b |
Total liabilities | JP¥2.44b |
Total assets | JP¥8.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3172's short term assets (¥4.7B) exceed its short term liabilities (¥1.5B).
Long Term Liabilities: 3172's short term assets (¥4.7B) exceed its long term liabilities (¥964.0M).
Debt to Equity History and Analysis
Debt Level: 3172 has more cash than its total debt.
Reducing Debt: 3172's debt to equity ratio has reduced from 12.5% to 9.1% over the past 5 years.
Debt Coverage: 3172's debt is well covered by operating cash flow (110%).
Interest Coverage: 3172 earns more interest than it pays, so coverage of interest payments is not a concern.