Takamiya Balance Sheet Health
Financial Health criteria checks 4/6
Takamiya has a total shareholder equity of ¥22.1B and total debt of ¥31.1B, which brings its debt-to-equity ratio to 140.9%. Its total assets and total liabilities are ¥68.0B and ¥46.0B respectively. Takamiya's EBIT is ¥3.0B making its interest coverage ratio 11.9. It has cash and short-term investments of ¥8.6B.
Key information
140.9%
Debt to equity ratio
JP¥31.08b
Debt
Interest coverage ratio | 11.9x |
Cash | JP¥8.58b |
Equity | JP¥22.06b |
Total liabilities | JP¥45.96b |
Total assets | JP¥68.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2445's short term assets (¥29.1B) exceed its short term liabilities (¥23.6B).
Long Term Liabilities: 2445's short term assets (¥29.1B) exceed its long term liabilities (¥22.3B).
Debt to Equity History and Analysis
Debt Level: 2445's net debt to equity ratio (102%) is considered high.
Reducing Debt: 2445's debt to equity ratio has reduced from 196.2% to 140.9% over the past 5 years.
Debt Coverage: 2445's debt is not well covered by operating cash flow (4.6%).
Interest Coverage: 2445's interest payments on its debt are well covered by EBIT (11.9x coverage).