TENDALTD Balance Sheet Health
Financial Health criteria checks 6/6
TENDALTD has a total shareholder equity of ¥2.6B and total debt of ¥305.0M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are ¥3.9B and ¥1.3B respectively. TENDALTD's EBIT is ¥546.0M making its interest coverage ratio 273. It has cash and short-term investments of ¥1.7B.
Key information
11.9%
Debt to equity ratio
JP¥305.00m
Debt
Interest coverage ratio | 273x |
Cash | JP¥1.71b |
Equity | JP¥2.57b |
Total liabilities | JP¥1.33b |
Total assets | JP¥3.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4198's short term assets (¥2.9B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 4198's short term assets (¥2.9B) exceed its long term liabilities (¥187.0M).
Debt to Equity History and Analysis
Debt Level: 4198 has more cash than its total debt.
Reducing Debt: 4198's debt to equity ratio has reduced from 49.8% to 11.9% over the past 5 years.
Debt Coverage: 4198's debt is well covered by operating cash flow (156.4%).
Interest Coverage: 4198's interest payments on its debt are well covered by EBIT (273x coverage).