TB Group Balance Sheet Health
Financial Health criteria checks 5/6
TB Group has a total shareholder equity of ¥798.0M and total debt of ¥357.0M, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are ¥1.6B and ¥772.0M respectively.
Key information
44.7%
Debt to equity ratio
JP¥357.00m
Debt
Interest coverage ratio | n/a |
Cash | JP¥325.00m |
Equity | JP¥798.00m |
Total liabilities | JP¥772.00m |
Total assets | JP¥1.57b |
Financial Position Analysis
Short Term Liabilities: 6775's short term assets (¥1.2B) exceed its short term liabilities (¥439.0M).
Long Term Liabilities: 6775's short term assets (¥1.2B) exceed its long term liabilities (¥333.0M).
Debt to Equity History and Analysis
Debt Level: 6775's net debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: 6775's debt to equity ratio has increased from 11.8% to 44.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 6775 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 6775 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 16.8% each year.