Takagi Seiko Balance Sheet Health
Financial Health criteria checks 6/6
Takagi Seiko has a total shareholder equity of ¥18.4B and total debt of ¥6.5B, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are ¥39.4B and ¥21.0B respectively. Takagi Seiko's EBIT is ¥2.2B making its interest coverage ratio 444.2. It has cash and short-term investments of ¥5.5B.
Key information
35.1%
Debt to equity ratio
JP¥6.46b
Debt
Interest coverage ratio | 444.2x |
Cash | JP¥5.51b |
Equity | JP¥18.39b |
Total liabilities | JP¥20.99b |
Total assets | JP¥39.38b |
Recent financial health updates
We Think Takagi Seiko (TSE:4242) Can Stay On Top Of Its Debt
Aug 06Takagi 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
We Think Takagi Seiko (TSE:4242) Can Stay On Top Of Its Debt
Aug 06Return 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 (¥20.8B) exceed its short term liabilities (¥16.7B).
Long Term Liabilities: 4242's short term assets (¥20.8B) exceed its long term liabilities (¥4.3B).
Debt to Equity History and Analysis
Debt Level: 4242's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 4242's debt to equity ratio has reduced from 111.6% to 35.1% over the past 5 years.
Debt Coverage: 4242's debt is well covered by operating cash flow (66.8%).
Interest Coverage: 4242's interest payments on its debt are well covered by EBIT (444.2x coverage).