Takamatsu Construction Group Balance Sheet Health
Financial Health criteria checks 4/6
Takamatsu Construction Group has a total shareholder equity of ¥132.6B and total debt of ¥15.0B, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are ¥238.0B and ¥105.4B respectively. Takamatsu Construction Group's EBIT is ¥11.8B making its interest coverage ratio 125.8. It has cash and short-term investments of ¥27.9B.
Key information
11.3%
Debt to equity ratio
JP¥15.00b
Debt
| Interest coverage ratio | 125.8x |
| Cash | JP¥27.93b |
| Equity | JP¥132.56b |
| Total liabilities | JP¥105.44b |
| Total assets | JP¥238.00b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 1762's short term assets (¥172.2B) exceed its short term liabilities (¥75.6B).
Long Term Liabilities: 1762's short term assets (¥172.2B) exceed its long term liabilities (¥29.9B).
Debt to Equity History and Analysis
Debt Level: 1762 has more cash than its total debt.
Reducing Debt: 1762's debt to equity ratio has increased from 0% to 11.3% 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 (125.8x coverage).