Takigami Steel Construction Balance Sheet Health
Financial Health criteria checks 4/6
Takigami Steel Construction has a total shareholder equity of ¥44.8B and total debt of ¥664.0M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ¥58.7B and ¥13.9B respectively. Takigami Steel Construction's EBIT is ¥154.0M making its interest coverage ratio -0.3. It has cash and short-term investments of ¥3.5B.
Key information
1.5%
Debt to equity ratio
JP¥664.00m
Debt
| Interest coverage ratio | -0.3x |
| Cash | JP¥3.49b |
| Equity | JP¥44.77b |
| Total liabilities | JP¥13.95b |
| Total assets | JP¥58.71b |
Recent financial health updates
No updates
Recent updates
Takigami Steel Construction (TSE:5918) Is Due To Pay A Dividend Of ¥50.00
Aug 27
Takigami Steel Construction (TSE:5918) Is Due To Pay A Dividend Of ¥50.00
Jul 26Takigami Steel Construction (TSE:5918) Will Pay A Dividend Of ¥50.00
Jul 12Takigami Steel Construction's (TSE:5918) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 22Takigami Steel Construction (TSE:5918) Is Paying Out A Dividend Of ¥50.00
Mar 02Financial Position Analysis
Short Term Liabilities: 5918's short term assets (¥21.4B) exceed its short term liabilities (¥6.4B).
Long Term Liabilities: 5918's short term assets (¥21.4B) exceed its long term liabilities (¥7.6B).
Debt to Equity History and Analysis
Debt Level: 5918 has more cash than its total debt.
Reducing Debt: 5918's debt to equity ratio has increased from 0% to 1.5% over the past 5 years.
Debt Coverage: 5918's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 5918 earns more interest than it pays, so coverage of interest payments is not a concern.