Takisawa Machine Tool Balance Sheet Health
Financial Health criteria checks 4/6
Takisawa Machine Tool has a total shareholder equity of ¥22.9B and total debt of ¥7.4B, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are ¥39.9B and ¥17.0B respectively. Takisawa Machine Tool's EBIT is ¥532.0M making its interest coverage ratio 5.5. It has cash and short-term investments of ¥8.2B.
Key information
32.2%
Debt to equity ratio
JP¥7.38b
Debt
| Interest coverage ratio | 5.5x |
| Cash | JP¥8.19b |
| Equity | JP¥22.91b |
| Total liabilities | JP¥16.97b |
| Total assets | JP¥39.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6121's short term assets (¥28.2B) exceed its short term liabilities (¥13.1B).
Long Term Liabilities: 6121's short term assets (¥28.2B) exceed its long term liabilities (¥3.9B).
Debt to Equity History and Analysis
Debt Level: 6121 has more cash than its total debt.
Reducing Debt: 6121's debt to equity ratio has increased from 23.2% to 32.2% over the past 5 years.
Debt Coverage: 6121's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: 6121's interest payments on its debt are well covered by EBIT (5.5x coverage).