TENDALTD Balance Sheet Health
Financial Health criteria checks 5/6
TENDALTD has a total shareholder equity of ¥2.4B and total debt of ¥488.0M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are ¥3.9B and ¥1.4B respectively. TENDALTD's EBIT is ¥467.0M making its interest coverage ratio 233.5. It has cash and short-term investments of ¥1.7B.
Key information
20.2%
Debt to equity ratio
JP¥488.00m
Debt
Interest coverage ratio | 233.5x |
Cash | JP¥1.74b |
Equity | JP¥2.42b |
Total liabilities | JP¥1.44b |
Total assets | JP¥3.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4198's short term assets (¥2.8B) exceed its short term liabilities (¥1.3B).
Long Term Liabilities: 4198's short term assets (¥2.8B) exceed its long term liabilities (¥173.0M).
Debt to Equity History and Analysis
Debt Level: 4198 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4198's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4198's debt is well covered by operating cash flow (117.4%).
Interest Coverage: 4198's interest payments on its debt are well covered by EBIT (233.5x coverage).