Tsuruha Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Tsuruha Holdings has a total shareholder equity of ¥300.5B and total debt of ¥41.3B, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are ¥527.6B and ¥227.1B respectively. Tsuruha Holdings's EBIT is ¥44.2B making its interest coverage ratio 65.4. It has cash and short-term investments of ¥71.5B.
Key information
13.7%
Debt to equity ratio
JP¥41.28b
Debt
Interest coverage ratio | 65.4x |
Cash | JP¥71.53b |
Equity | JP¥300.46b |
Total liabilities | JP¥227.15b |
Total assets | JP¥527.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3391 N's short term assets (¥276.7B) exceed its short term liabilities (¥167.2B).
Long Term Liabilities: 3391 N's short term assets (¥276.7B) exceed its long term liabilities (¥59.9B).
Debt to Equity History and Analysis
Debt Level: 3391 N has more cash than its total debt.
Reducing Debt: 3391 N's debt to equity ratio has increased from 2.3% to 13.7% over the past 5 years.
Debt Coverage: 3391 N's debt is well covered by operating cash flow (103.2%).
Interest Coverage: 3391 N's interest payments on its debt are well covered by EBIT (65.4x coverage).