Takamiya Balance Sheet Health
Financial Health criteria checks 3/6
Takamiya has a total shareholder equity of ¥22.5B and total debt of ¥35.7B, which brings its debt-to-equity ratio to 158.5%. Its total assets and total liabilities are ¥72.6B and ¥50.1B respectively. Takamiya's EBIT is ¥3.0B making its interest coverage ratio 9. It has cash and short-term investments of ¥8.3B.
Key information
158.5%
Debt to equity ratio
JP¥35.71b
Debt
| Interest coverage ratio | 9x |
| Cash | JP¥8.33b |
| Equity | JP¥22.53b |
| Total liabilities | JP¥50.08b |
| Total assets | JP¥72.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2445's short term assets (¥28.9B) exceed its short term liabilities (¥24.5B).
Long Term Liabilities: 2445's short term assets (¥28.9B) exceed its long term liabilities (¥25.6B).
Debt to Equity History and Analysis
Debt Level: 2445's net debt to equity ratio (121.5%) is considered high.
Reducing Debt: 2445's debt to equity ratio has increased from 150.6% to 158.5% over the past 5 years.
Debt Coverage: 2445's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2445's interest payments on its debt are well covered by EBIT (9x coverage).