Tazmo Balance Sheet Health
Financial Health criteria checks 4/6
Tazmo has a total shareholder equity of ¥20.1B and total debt of ¥11.5B, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are ¥47.4B and ¥27.3B respectively. Tazmo's EBIT is ¥3.7B making its interest coverage ratio 406.1. It has cash and short-term investments of ¥6.9B.
Key information
57.3%
Debt to equity ratio
JP¥11.51b
Debt
| Interest coverage ratio | 406.1x |
| Cash | JP¥6.90b |
| Equity | JP¥20.09b |
| Total liabilities | JP¥27.34b |
| Total assets | JP¥47.43b |
Financial Position Analysis
Short Term Liabilities: 6266's short term assets (¥39.4B) exceed its short term liabilities (¥21.4B).
Long Term Liabilities: 6266's short term assets (¥39.4B) exceed its long term liabilities (¥6.0B).
Debt to Equity History and Analysis
Debt Level: 6266's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: 6266's debt to equity ratio has increased from 52.7% to 57.3% over the past 5 years.
Debt Coverage: 6266's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6266's interest payments on its debt are well covered by EBIT (406.1x coverage).