Yoshitsu Balance Sheet Health
Financial Health criteria checks 3/6
Yoshitsu has a total shareholder equity of ¥5.7B and total debt of ¥9.1B, which brings its debt-to-equity ratio to 159%. Its total assets and total liabilities are ¥21.1B and ¥15.4B respectively. Yoshitsu's EBIT is ¥305.1M making its interest coverage ratio 2.8. It has cash and short-term investments of ¥301.3M.
Key information
159.0%
Debt to equity ratio
JP¥9.07b
Debt
Interest coverage ratio | 2.8x |
Cash | JP¥301.32m |
Equity | JP¥5.70b |
Total liabilities | JP¥15.35b |
Total assets | JP¥21.05b |
Recent financial health updates
Recent updates
Yoshitsu (NASDAQ:TKLF) Seems To Use Debt Quite Sensibly
Jun 23Unpleasant Surprises Could Be In Store For Yoshitsu Co., Ltd's (NASDAQ:TKLF) Shares
Dec 29Investors Could Be Concerned With Yoshitsu's (NASDAQ:TKLF) Returns On Capital
Mar 29There's Reason For Concern Over Yoshitsu Co., Ltd's (NASDAQ:TKLF) Price
Nov 01Yoshitsu GAAP EPS of $0.10, revenue of $228.4M
Aug 15Yoshitsu rallies on acquisition of cosmetics retailer 'Tokyo Lifestyle' at $2.8M deal
Jul 22Financial Position Analysis
Short Term Liabilities: TKLF's short term assets (¥17.5B) exceed its short term liabilities (¥13.8B).
Long Term Liabilities: TKLF's short term assets (¥17.5B) exceed its long term liabilities (¥1.5B).
Debt to Equity History and Analysis
Debt Level: TKLF's net debt to equity ratio (153.8%) is considered high.
Reducing Debt: TKLF's debt to equity ratio has reduced from 438.1% to 159% over the past 5 years.
Debt Coverage: TKLF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TKLF's interest payments on its debt are not well covered by EBIT (2.8x coverage).