Tea Life Balance Sheet Health
Financial Health criteria checks 4/6
Tea Life has a total shareholder equity of ¥6.3B and total debt of ¥1.0B, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are ¥9.0B and ¥2.7B respectively.
Key information
16.2%
Debt to equity ratio
JP¥1.02b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥2.90b |
| Equity | JP¥6.29b |
| Total liabilities | JP¥2.70b |
| Total assets | JP¥8.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3172's short term assets (¥5.1B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 3172's short term assets (¥5.1B) exceed its long term liabilities (¥1.4B).
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 increased from 10.2% to 16.2% over the past 5 years.
Debt Coverage: 3172's debt is well covered by operating cash flow (32.3%).
Interest Coverage: Insufficient data to determine if 3172's interest payments on its debt are well covered by EBIT.