Tsuzuki Denki Balance Sheet Health
Financial Health criteria checks 6/6
Tsuzuki Denki has a total shareholder equity of ¥39.0B and total debt of ¥8.9B, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are ¥81.4B and ¥42.3B respectively. Tsuzuki Denki's EBIT is ¥7.7B making its interest coverage ratio -1092.9. It has cash and short-term investments of ¥23.7B.
Key information
22.7%
Debt to equity ratio
JP¥8.86b
Debt
Interest coverage ratio | -1092.9x |
Cash | JP¥23.70b |
Equity | JP¥39.05b |
Total liabilities | JP¥42.32b |
Total assets | JP¥81.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 8157's short term assets (¥67.2B) exceed its short term liabilities (¥28.3B).
Long Term Liabilities: 8157's short term assets (¥67.2B) exceed its long term liabilities (¥14.0B).
Debt to Equity History and Analysis
Debt Level: 8157 has more cash than its total debt.
Reducing Debt: 8157's debt to equity ratio has reduced from 46.1% to 22.7% over the past 5 years.
Debt Coverage: 8157's debt is well covered by operating cash flow (41.4%).
Interest Coverage: 8157 earns more interest than it pays, so coverage of interest payments is not a concern.