Financing Risk from a High Interest-Bearing Debt Ratio and Financial Covenants
First written in FY2021. 7 of 14 entries say "Advanced", first in 2026-03-13. Latest entry: 2026-10-14.
The whole theme swung hardest in 2025: 23 of 75 companies on the "Worse" side.
4 other companies' latest entry also says "Advanced".
- 2026-10-14AdvancedOccurring Fact
「コミットメントライン契約（総コミット額15,400百万円）」
財務制限条項による資金調達リスクについて、テス・エンジニアリング株式会社が運転資金の調達を目的に、総コミット額15,400百万円のコミットメントライン契約を締結し、純資産維持及び経常損益に関する具体的な特約内容を開示した。 - FY2026MitigatedAnnual report
「As of the end of the fiscal year ended June 2026, interest-bearing debt accounted for 56.3% of consolidated total assets, a high level attributable to capital expenditures for renewable energy power generation facilities and working capital needs related to large-scale EPC projects, among other factors.」
The interest-bearing debt ratio declined from 61.3% to 56.3%, but the description of the level as high and the risks related to financial covenants continue. - FY2025WorsenedAnnual report
「As of the end of the fiscal year ended June 2025, interest-bearing debt accounted for 61.3% of consolidated total assets, a high level attributable to capital expenditures for renewable energy power generation facilities and working capital needs related to large-scale EPC projects, among other factors.」
The interest-bearing debt ratio rose from 55.1% in the previous consolidated fiscal year to 61.3%, and the Group continues to describe the level as high. - FY2024MitigatedAnnual report
「As of the end of the fiscal year ended June 2024, interest-bearing debt accounted for 55.1% of consolidated total assets, a high level attributable to capital expenditures for renewable energy power generation facilities and working capital needs related to large-scale EPC projects, among other factors.」
The interest-bearing debt ratio declined from 61.6% in the previous disclosure to 55.1%, but the Group continues to describe the level as high. - FY2023MitigatedAnnual report
「As of the end of the fiscal year ended June 2023, interest-bearing debt accounted for 61.6% of consolidated total assets, a high level attributable to capital expenditures for renewable energy power generation facilities and working capital needs related to large-scale EPC projects, among other factors.」
The interest-bearing debt ratio declined from 70.1% in the previous disclosure to 61.6%, but the Group continues to describe the level as high. - FY2021First statedAnnual report
「As of the end of the fiscal year ended June 2021, interest-bearing debt accounted for 70.1% of consolidated total assets, a high level attributable to capital expenditures for renewable energy power generation facilities and working capital needs related to large-scale EPC projects, among other factors.」
The Group disclosed an interest-bearing debt ratio of 70.1% and financial covenants, identifying higher interest rates, declining creditworthiness and financing constraints as risks.