Takagi Seiko Balance Sheet Health
Financial Health criteria checks 6/6
Takagi Seiko has a total shareholder equity of ¥17.7B and total debt of ¥6.6B, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are ¥40.3B and ¥22.6B respectively. Takagi Seiko's EBIT is ¥2.5B making its interest coverage ratio 45.1. It has cash and short-term investments of ¥5.3B.
Key information
37.1%
Debt to equity ratio
JP¥6.58b
Debt
Interest coverage ratio | 45.1x |
Cash | JP¥5.31b |
Equity | JP¥17.74b |
Total liabilities | JP¥22.61b |
Total assets | JP¥40.35b |
Recent financial health updates
Takagi Seiko (TYO:4242) Takes On Some Risk With Its Use Of Debt
May 09We Think Takagi Seiko (TYO:4242) Is Taking Some Risk With Its Debt
Feb 06Recent updates
Return Trends At Takagi Seiko (TSE:4242) Aren't Appealing
Mar 07Takagi Seiko (TYO:4242) Takes On Some Risk With Its Use Of Debt
May 09We Like These Underlying Trends At Takagi Seiko (TYO:4242)
Mar 04We Think Takagi Seiko (TYO:4242) Is Taking Some Risk With Its Debt
Feb 06The Attractive Combination That Could Earn Takagi Seiko Corporation (TYO:4242) A Place In Your Dividend Portfolio
Jan 10Introducing Takagi Seiko (TYO:4242), The Stock That Zoomed 105% In The Last Five Years
Dec 14Financial Position Analysis
Short Term Liabilities: 4242's short term assets (¥21.9B) exceed its short term liabilities (¥17.2B).
Long Term Liabilities: 4242's short term assets (¥21.9B) exceed its long term liabilities (¥5.4B).
Debt to Equity History and Analysis
Debt Level: 4242's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: 4242's debt to equity ratio has reduced from 124.6% to 37.1% over the past 5 years.
Debt Coverage: 4242's debt is well covered by operating cash flow (75.9%).
Interest Coverage: 4242's interest payments on its debt are well covered by EBIT (45.1x coverage).