Tsugami Balance Sheet Health
Financial Health criteria checks 6/6
Tsugami has a total shareholder equity of ¥78.8B and total debt of ¥13.2B, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are ¥118.4B and ¥39.6B respectively. Tsugami's EBIT is ¥15.9B making its interest coverage ratio 180.7. It has cash and short-term investments of ¥27.6B.
Key information
16.7%
Debt to equity ratio
JP¥13.16b
Debt
| Interest coverage ratio | 180.7x |
| Cash | JP¥27.59b |
| Equity | JP¥78.77b |
| Total liabilities | JP¥39.63b |
| Total assets | JP¥118.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSGM.Y's short term assets (¥93.7B) exceed its short term liabilities (¥35.0B).
Long Term Liabilities: TSGM.Y's short term assets (¥93.7B) exceed its long term liabilities (¥4.7B).
Debt to Equity History and Analysis
Debt Level: TSGM.Y has more cash than its total debt.
Reducing Debt: TSGM.Y's debt to equity ratio has reduced from 23.8% to 16.7% over the past 5 years.
Debt Coverage: TSGM.Y's debt is well covered by operating cash flow (56.3%).
Interest Coverage: TSGM.Y's interest payments on its debt are well covered by EBIT (180.7x coverage).