Taikisha Balance Sheet Health
Financial Health criteria checks 6/6
Taikisha has a total shareholder equity of ¥142.6B and total debt of ¥4.1B, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are ¥265.2B and ¥122.6B respectively. Taikisha's EBIT is ¥16.4B making its interest coverage ratio -13.2. It has cash and short-term investments of ¥59.7B.
Key information
2.9%
Debt to equity ratio
JP¥4.15b
Debt
Interest coverage ratio | -13.2x |
Cash | JP¥59.74b |
Equity | JP¥142.60b |
Total liabilities | JP¥122.61b |
Total assets | JP¥265.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1979's short term assets (¥207.9B) exceed its short term liabilities (¥111.5B).
Long Term Liabilities: 1979's short term assets (¥207.9B) exceed its long term liabilities (¥11.1B).
Debt to Equity History and Analysis
Debt Level: 1979 has more cash than its total debt.
Reducing Debt: 1979's debt to equity ratio has reduced from 15.2% to 2.9% over the past 5 years.
Debt Coverage: 1979's debt is well covered by operating cash flow (589.1%).
Interest Coverage: 1979 earns more interest than it pays, so coverage of interest payments is not a concern.