T&D Holdings Balance Sheet Health
Financial Health criteria checks 5/6
T&D Holdings has a total shareholder equity of ¥1,332.7B and total debt of ¥128.0B, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are ¥16,972.8B and ¥15,640.0B respectively. T&D Holdings's EBIT is ¥367.3B making its interest coverage ratio 222.6. It has cash and short-term investments of ¥1,021.0B.
Key information
9.6%
Debt to equity ratio
JP¥127.99b
Debt
| Interest coverage ratio | 222.6x |
| Cash | JP¥1.02t |
| Equity | JP¥1.33t |
| Total liabilities | JP¥15.64t |
| Total assets | JP¥16.97t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TDHO.F's short term assets (¥2,396.2B) exceed its short term liabilities (¥180.7B).
Long Term Liabilities: TDHO.F's short term assets (¥2,396.2B) do not cover its long term liabilities (¥15,459.3B).
Debt to Equity History and Analysis
Debt Level: TDHO.F has more cash than its total debt.
Reducing Debt: TDHO.F's debt to equity ratio has reduced from 10% to 9.6% over the past 5 years.
Debt Coverage: TDHO.F's debt is well covered by operating cash flow (205.3%).
Interest Coverage: TDHO.F's interest payments on its debt are well covered by EBIT (222.6x coverage).