Trust Balance Sheet Health
Financial Health criteria checks 3/6
Trust has a total shareholder equity of ¥14.5B and total debt of ¥7.6B, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are ¥46.8B and ¥32.4B respectively. Trust's EBIT is ¥2.8B making its interest coverage ratio 17.8. It has cash and short-term investments of ¥1.6B.
Key information
52.6%
Debt to equity ratio
JP¥7.60b
Debt
Interest coverage ratio | 17.8x |
Cash | JP¥1.62b |
Equity | JP¥14.45b |
Total liabilities | JP¥32.39b |
Total assets | JP¥46.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3347's short term assets (¥23.0B) do not cover its short term liabilities (¥25.5B).
Long Term Liabilities: 3347's short term assets (¥23.0B) exceed its long term liabilities (¥6.9B).
Debt to Equity History and Analysis
Debt Level: 3347's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: 3347's debt to equity ratio has increased from 11% to 52.6% over the past 5 years.
Debt Coverage: 3347's debt is well covered by operating cash flow (122.3%).
Interest Coverage: 3347's interest payments on its debt are well covered by EBIT (17.8x coverage).