Tanaka Seimitsu Kogyo Balance Sheet Health
Financial Health criteria checks 6/6
Tanaka Seimitsu Kogyo has a total shareholder equity of ¥30.1B and total debt of ¥3.8B, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ¥42.7B and ¥12.5B respectively. Tanaka Seimitsu Kogyo's EBIT is ¥3.7B making its interest coverage ratio -13.6. It has cash and short-term investments of ¥10.3B.
Key information
12.6%
Debt to equity ratio
JP¥3.81b
Debt
Interest coverage ratio | -13.6x |
Cash | JP¥10.33b |
Equity | JP¥30.14b |
Total liabilities | JP¥12.54b |
Total assets | JP¥42.68b |
Recent financial health updates
We Think Tanaka Seimitsu Kogyo (TSE:7218) Can Manage Its Debt With Ease
Apr 19We 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 (¥21.4B) exceed its short term liabilities (¥10.1B).
Long Term Liabilities: 7218's short term assets (¥21.4B) 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 36% to 12.6% over the past 5 years.
Debt Coverage: 7218's debt is well covered by operating cash flow (194.8%).
Interest Coverage: 7218 earns more interest than it pays, so coverage of interest payments is not a concern.