Taiyo KisokogyoLtd Balance Sheet Health
Financial Health criteria checks 4/6
Taiyo KisokogyoLtd has a total shareholder equity of ¥8.6B and total debt of ¥210.0M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are ¥11.9B and ¥3.3B respectively.
Key information
2.4%
Debt to equity ratio
JP¥210.00m
Debt
Interest coverage ratio | n/a |
Cash | JP¥4.18b |
Equity | JP¥8.63b |
Total liabilities | JP¥3.28b |
Total assets | JP¥11.91b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1758's short term assets (¥7.5B) exceed its short term liabilities (¥2.8B).
Long Term Liabilities: 1758's short term assets (¥7.5B) exceed its long term liabilities (¥525.0M).
Debt to Equity History and Analysis
Debt Level: 1758 has more cash than its total debt.
Reducing Debt: 1758's debt to equity ratio has increased from 0.4% to 2.4% over the past 5 years.
Debt Coverage: 1758's debt is well covered by operating cash flow (408.6%).
Interest Coverage: Insufficient data to determine if 1758's interest payments on its debt are well covered by EBIT.