Tanaken Balance Sheet Health
Financial Health criteria checks 6/6
Tanaken has a total shareholder equity of ¥6.5B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥8.2B and ¥1.7B respectively. Tanaken's EBIT is ¥870.0M making its interest coverage ratio -124.3. It has cash and short-term investments of ¥2.8B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | -124.3x |
| Cash | JP¥2.85b |
| Equity | JP¥6.48b |
| Total liabilities | JP¥1.71b |
| Total assets | JP¥8.19b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Are A Standout For Tanaken (TYO:1450)
Apr 23
What 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 (¥6.8B) exceed its short term liabilities (¥1.6B).
Long Term Liabilities: 1450's short term assets (¥6.8B) exceed its long term liabilities (¥94.0M).
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 3.8%.
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.