Takara Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Takara Holdings has a total shareholder equity of ¥285.5B and total debt of ¥36.1B, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ¥439.8B and ¥154.2B respectively. Takara Holdings's EBIT is ¥19.2B making its interest coverage ratio -21.8. It has cash and short-term investments of ¥90.3B.
Key information
12.6%
Debt to equity ratio
JP¥36.08b
Debt
| Interest coverage ratio | -21.8x |
| Cash | JP¥90.26b |
| Equity | JP¥285.54b |
| Total liabilities | JP¥154.22b |
| Total assets | JP¥439.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAX's short term assets (¥245.8B) exceed its short term liabilities (¥82.5B).
Long Term Liabilities: TAX's short term assets (¥245.8B) exceed its long term liabilities (¥71.7B).
Debt to Equity History and Analysis
Debt Level: TAX has more cash than its total debt.
Reducing Debt: TAX's debt to equity ratio has reduced from 22.6% to 12.6% over the past 5 years.
Debt Coverage: TAX's debt is well covered by operating cash flow (80.9%).
Interest Coverage: TAX earns more interest than it pays, so coverage of interest payments is not a concern.