TerraSkyLtd Balance Sheet Health
Financial Health criteria checks 6/6
TerraSkyLtd has a total shareholder equity of ¥12.2B and total debt of ¥208.0M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ¥18.2B and ¥6.1B respectively. TerraSkyLtd's EBIT is ¥913.0M making its interest coverage ratio -36.5. It has cash and short-term investments of ¥5.4B.
Key information
1.7%
Debt to equity ratio
JP¥208.00m
Debt
| Interest coverage ratio | -36.5x |
| Cash | JP¥5.41b |
| Equity | JP¥12.16b |
| Total liabilities | JP¥6.07b |
| Total assets | JP¥18.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3915's short term assets (¥11.3B) exceed its short term liabilities (¥5.0B).
Long Term Liabilities: 3915's short term assets (¥11.3B) exceed its long term liabilities (¥1.1B).
Debt to Equity History and Analysis
Debt Level: 3915 has more cash than its total debt.
Reducing Debt: 3915's debt to equity ratio has reduced from 13.9% to 1.7% over the past 5 years.
Debt Coverage: 3915's debt is well covered by operating cash flow (430.8%).
Interest Coverage: 3915 earns more interest than it pays, so coverage of interest payments is not a concern.