Tanaka Seimitsu Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Tanaka Seimitsu Kogyo has a total shareholder equity of ¥28.0B and total debt of ¥4.2B, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are ¥41.0B and ¥13.0B respectively. Tanaka Seimitsu Kogyo's EBIT is ¥3.7B making its interest coverage ratio -16.3. It has cash and short-term investments of ¥9.7B.
Key information
14.9%
Debt to equity ratio
JP¥4.18b
Debt
| Interest coverage ratio | -16.3x |
| Cash | JP¥9.67b |
| Equity | JP¥28.01b |
| Total liabilities | JP¥12.97b |
| Total assets | JP¥40.98b |
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 (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 (¥20.9B) exceed its short term liabilities (¥10.6B).
Long Term Liabilities: 7218's short term assets (¥20.9B) exceed its long term liabilities (¥2.4B).
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 39% to 14.9% over the past 5 years.
Debt Coverage: 7218's debt is well covered by operating cash flow (172%).
Interest Coverage: 7218 earns more interest than it pays, so coverage of interest payments is not a concern.