TerraSkyLtd Balance Sheet Health
Financial Health criteria checks 6/6
TerraSkyLtd has a total shareholder equity of ¥12.6B and total debt of ¥228.0M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ¥18.4B and ¥5.9B respectively. TerraSkyLtd's EBIT is ¥523.0M making its interest coverage ratio -47.5. It has cash and short-term investments of ¥5.6B.
Key information
1.8%
Debt to equity ratio
JP¥228.00m
Debt
Interest coverage ratio | -47.5x |
Cash | JP¥5.62b |
Equity | JP¥12.55b |
Total liabilities | JP¥5.89b |
Total assets | JP¥18.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3915's short term assets (¥10.6B) exceed its short term liabilities (¥4.4B).
Long Term Liabilities: 3915's short term assets (¥10.6B) exceed its long term liabilities (¥1.5B).
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 27% to 1.8% over the past 5 years.
Debt Coverage: 3915's debt is well covered by operating cash flow (294.3%).
Interest Coverage: 3915 earns more interest than it pays, so coverage of interest payments is not a concern.