Tanaken Balance Sheet Health
Financial Health criteria checks 6/6
Tanaken has a total shareholder equity of ¥7.3B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥9.3B and ¥2.0B respectively. Tanaken's EBIT is ¥2.2B making its interest coverage ratio -241.2. It has cash and short-term investments of ¥3.2B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -241.2x |
| Cash | JP¥3.16b |
| Equity | JP¥7.32b |
| Total liabilities | JP¥1.95b |
| Total assets | JP¥9.27b |
Recent financial health updates
No updates
Recent updates
Tanaken's (TSE:1450) Earnings Are Of Questionable Quality
Nov 16
Returns On Capital Are A Standout For Tanaken (TYO:1450)
Apr 23What Kind Of Shareholders Hold The Majority In Tanaken's (TYO:1450) Shares?
Mar 11Tanaken (TYO:1450) Shareholders Have Enjoyed A 60% Share Price Gain
Feb 13
Is Tanaken (TYO:1450) A Compounding Machine?
Jan 23Should You Be Excited About Tanaken's (TYO:1450) 18% Return On Equity?
Dec 30If You Like EPS Growth Then Check Out Tanaken (TYO:1450) Before It's Too Late
Dec 08Financial Position Analysis
Short Term Liabilities: 1450's short term assets (¥7.9B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 1450's short term assets (¥7.9B) exceed its long term liabilities (¥105.0M).
Debt to Equity History and Analysis
Debt Level: 1450 is debt free.
Reducing Debt: 1450 has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: 1450 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1450 has no debt, therefore coverage of interest payments is not a concern.