Taisei Balance Sheet Health
Financial Health criteria checks 4/6
Taisei has a total shareholder equity of ¥961.0B and total debt of ¥376.3B, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are ¥2,583.6B and ¥1,622.6B respectively. Taisei's EBIT is ¥25.9B making its interest coverage ratio -4.2. It has cash and short-term investments of ¥434.7B.
Key information
39.2%
Debt to equity ratio
JP¥376.26b
Debt
Interest coverage ratio | -4.2x |
Cash | JP¥434.71b |
Equity | JP¥961.00b |
Total liabilities | JP¥1.62t |
Total assets | JP¥2.58t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKK's short term assets (¥1,631.2B) exceed its short term liabilities (¥1,302.7B).
Long Term Liabilities: TKK's short term assets (¥1,631.2B) exceed its long term liabilities (¥319.9B).
Debt to Equity History and Analysis
Debt Level: TKK has more cash than its total debt.
Reducing Debt: TKK's debt to equity ratio has increased from 30.1% to 39.2% over the past 5 years.
Debt Coverage: TKK's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: TKK earns more interest than it pays, so coverage of interest payments is not a concern.