Takamatsu Construction Group Balance Sheet Health
Financial Health criteria checks 4/6
Takamatsu Construction Group has a total shareholder equity of ¥129.1B and total debt of ¥31.5B, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are ¥250.8B and ¥121.7B respectively. Takamatsu Construction Group's EBIT is ¥11.8B making its interest coverage ratio 189.7. It has cash and short-term investments of ¥25.3B.
Key information
24.4%
Debt to equity ratio
JP¥31.50b
Debt
Interest coverage ratio | 189.7x |
Cash | JP¥25.33b |
Equity | JP¥129.11b |
Total liabilities | JP¥121.67b |
Total assets | JP¥250.78b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1762's short term assets (¥187.2B) exceed its short term liabilities (¥91.7B).
Long Term Liabilities: 1762's short term assets (¥187.2B) exceed its long term liabilities (¥29.9B).
Debt to Equity History and Analysis
Debt Level: 1762's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 1762's debt to equity ratio has increased from 0% to 24.4% over the past 5 years.
Debt Coverage: 1762's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1762's interest payments on its debt are well covered by EBIT (189.7x coverage).