Taisei Oncho Balance Sheet Health
Financial Health criteria checks 6/6
Taisei Oncho has a total shareholder equity of ¥26.7B and total debt of ¥90.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ¥44.8B and ¥18.1B respectively. Taisei Oncho's EBIT is ¥2.6B making its interest coverage ratio -24.8. It has cash and short-term investments of ¥11.4B.
Key information
0.3%
Debt to equity ratio
JP¥90.00m
Debt
Interest coverage ratio | -24.8x |
Cash | JP¥11.45b |
Equity | JP¥26.73b |
Total liabilities | JP¥18.10b |
Total assets | JP¥44.82b |
Recent financial health updates
No updates
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Taisei Oncho Co., Ltd. (TSE:1904)
Mar 01Taisei Oncho Co., Ltd. (TYO:1904) Has Got What It Takes To Be An Attractive Dividend Stock
Apr 20Some Investors May Be Worried About Taisei Oncho's (TYO:1904) Returns On Capital
Mar 22Taisei Oncho (TYO:1904) Has Gifted Shareholders With A Fantastic 140% Total Return On Their Investment
Mar 01Here's What Taisei Oncho Co., Ltd.'s (TYO:1904) Shareholder Ownership Structure Looks Like
Feb 07Taisei Oncho Co., Ltd.'s (TYO:1904) Price Is Right But Growth Is Lacking
Jan 21Why Taisei Oncho Co., Ltd. (TYO:1904) Should Be In Your Dividend Portfolio
Jan 03Will Taisei Oncho (TYO:1904) Multiply In Value Going Forward?
Dec 17Does Taisei Oncho's (TYO:1904) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 29Financial Position Analysis
Short Term Liabilities: 1904's short term assets (¥29.9B) exceed its short term liabilities (¥18.0B).
Long Term Liabilities: 1904's short term assets (¥29.9B) exceed its long term liabilities (¥143.0M).
Debt to Equity History and Analysis
Debt Level: 1904 has more cash than its total debt.
Reducing Debt: 1904's debt to equity ratio has reduced from 5.5% to 0.3% over the past 5 years.
Debt Coverage: 1904's debt is well covered by operating cash flow (4137.8%).
Interest Coverage: 1904 earns more interest than it pays, so coverage of interest payments is not a concern.