Takara Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Takara Holdings has a total shareholder equity of ¥296.4B and total debt of ¥38.4B, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are ¥447.8B and ¥151.4B respectively. Takara Holdings's EBIT is ¥20.3B making its interest coverage ratio -16.5. It has cash and short-term investments of ¥95.1B.
Key information
12.9%
Debt to equity ratio
JP¥38.38b
Debt
| Interest coverage ratio | -16.5x |
| Cash | JP¥95.08b |
| Equity | JP¥296.45b |
| Total liabilities | JP¥151.36b |
| Total assets | JP¥447.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAX's short term assets (¥253.3B) exceed its short term liabilities (¥78.1B).
Long Term Liabilities: TAX's short term assets (¥253.3B) exceed its long term liabilities (¥73.3B).
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 19.7% to 12.9% over the past 5 years.
Debt Coverage: TAX's debt is well covered by operating cash flow (53.3%).
Interest Coverage: TAX earns more interest than it pays, so coverage of interest payments is not a concern.