Tazmo Balance Sheet Health
Financial Health criteria checks 6/6
Tazmo has a total shareholder equity of ¥22.6B and total debt of ¥10.0B, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are ¥50.5B and ¥27.9B respectively. Tazmo's EBIT is ¥6.0B making its interest coverage ratio 228.9. It has cash and short-term investments of ¥9.2B.
Key information
44.1%
Debt to equity ratio
JP¥9.99b
Debt
| Interest coverage ratio | 228.9x |
| Cash | JP¥9.19b |
| Equity | JP¥22.63b |
| Total liabilities | JP¥27.91b |
| Total assets | JP¥50.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TZMO.F's short term assets (¥42.3B) exceed its short term liabilities (¥19.7B).
Long Term Liabilities: TZMO.F's short term assets (¥42.3B) exceed its long term liabilities (¥8.2B).
Debt to Equity History and Analysis
Debt Level: TZMO.F's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: TZMO.F's debt to equity ratio has reduced from 55.8% to 44.1% over the past 5 years.
Debt Coverage: TZMO.F's debt is well covered by operating cash flow (63.3%).
Interest Coverage: TZMO.F's interest payments on its debt are well covered by EBIT (228.9x coverage).