Takeda Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Takeda Machinery has a total shareholder equity of ¥4.9B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are ¥7.6B and ¥2.7B respectively. Takeda Machinery's EBIT is ¥742.0M making its interest coverage ratio 61.8. It has cash and short-term investments of ¥1.4B.
Key information
21.6%
Debt to equity ratio
JP¥1.06b
Debt
| Interest coverage ratio | 61.8x |
| Cash | JP¥1.40b |
| Equity | JP¥4.92b |
| Total liabilities | JP¥2.67b |
| Total assets | JP¥7.58b |
Recent financial health updates
Takeda Machinery (TYO:6150) Seems To Use Debt Quite Sensibly
Apr 27
Takeda Machinery (TYO:6150) Seems To Use Debt Quite Sensibly
Jan 25
Recent updates
Investors Continue Waiting On Sidelines For Takeda Machinery Co., Ltd. (TSE:6150)
Apr 01Takeda Machinery (TYO:6150) Seems To Use Debt Quite Sensibly
Apr 27Takeda Machinery (TYO:6150) Will Be Hoping To Turn Its Returns On Capital Around
Mar 29How Does Takeda Machinery Co., Ltd. (TYO:6150) Fare As A Dividend Stock?
Mar 01Takeda Machinery (TYO:6150) Seems To Use Debt Quite Sensibly
Jan 25We're Watching These Trends At Takeda Machinery (TYO:6150)
Dec 29Is Takeda Machinery Co., Ltd. (TYO:6150) A Great Dividend Stock?
Nov 29Financial Position Analysis
Short Term Liabilities: 6150's short term assets (¥5.1B) exceed its short term liabilities (¥2.0B).
Long Term Liabilities: 6150's short term assets (¥5.1B) exceed its long term liabilities (¥717.0M).
Debt to Equity History and Analysis
Debt Level: 6150 has more cash than its total debt.
Reducing Debt: 6150's debt to equity ratio has reduced from 41.5% to 21.6% over the past 5 years.
Debt Coverage: 6150's debt is well covered by operating cash flow (24.5%).
Interest Coverage: 6150's interest payments on its debt are well covered by EBIT (61.8x coverage).