Tanaka Seimitsu Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Tanaka Seimitsu Kogyo has a total shareholder equity of ¥29.7B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are ¥39.6B and ¥9.8B respectively. Tanaka Seimitsu Kogyo's EBIT is ¥3.8B making its interest coverage ratio -12. It has cash and short-term investments of ¥8.6B.
Key information
9.9%
Debt to equity ratio
JP¥2.95b
Debt
| Interest coverage ratio | -12x |
| Cash | JP¥8.56b |
| Equity | JP¥29.73b |
| Total liabilities | JP¥9.82b |
| Total assets | JP¥39.56b |
Recent financial health updates
We Think Tanaka Seimitsu Kogyo (TSE:7218) Can Manage Its Debt With Ease
Apr 19
We Think Tanaka Seimitsu Kogyo (TYO:7218) Has A Fair Chunk Of Debt
Mar 24Is Tanaka Seimitsu Kogyo (TYO:7218) Weighed On By Its Debt Load?
Dec 07Recent updates
We Think Tanaka Seimitsu Kogyo's (TSE:7218) Robust Earnings Are Conservative
May 21We Think Tanaka Seimitsu Kogyo (TSE:7218) Can Manage Its Debt With Ease
Apr 19Tanaka Seimitsu Kogyo Co., Ltd. (TSE:7218) Stock Rockets 33% But Many Are Still Ignoring The Company
Feb 29We Think Tanaka Seimitsu Kogyo (TYO:7218) Has A Fair Chunk Of Debt
Mar 24Tanaka Seimitsu Kogyo's (TYO:7218) Shareholders Are Down 36% On Their Shares
Jan 29Is Tanaka Seimitsu Kogyo (TYO:7218) Weighed On By Its Debt Load?
Dec 07Financial Position Analysis
Short Term Liabilities: 7218's short term assets (¥19.2B) exceed its short term liabilities (¥7.9B).
Long Term Liabilities: 7218's short term assets (¥19.2B) exceed its long term liabilities (¥1.9B).
Debt to Equity History and Analysis
Debt Level: 7218 has more cash than its total debt.
Reducing Debt: 7218's debt to equity ratio has reduced from 38.7% to 9.9% over the past 5 years.
Debt Coverage: 7218's debt is well covered by operating cash flow (186.4%).
Interest Coverage: 7218 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 18:31 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tanaka Seimitsu Kogyo Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ken Irisawa | Marusan Securities Co. Ltd. |