Takeda Machinery Balance Sheet Health
Financial Health criteria checks 6/6
Takeda Machinery has a total shareholder equity of ¥5.0B and total debt of ¥1.1B, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are ¥7.9B and ¥2.9B respectively. Takeda Machinery's EBIT is ¥636.0M making its interest coverage ratio 63.6. It has cash and short-term investments of ¥2.1B.
Key information
22.1%
Debt to equity ratio
JP¥1.11b
Debt
Interest coverage ratio | 63.6x |
Cash | JP¥2.09b |
Equity | JP¥5.00b |
Total liabilities | JP¥2.91b |
Total assets | JP¥7.91b |
Recent financial health updates
Takeda Machinery (TYO:6150) Seems To Use Debt Quite Sensibly
Apr 27Takeda Machinery (TYO:6150) Seems To Use Debt Quite Sensibly
Jan 25Recent updates
Solid Earnings Reflect Takeda Machinery's (TSE:6150) Strength As A Business
Jul 23Returns On Capital Signal Tricky Times Ahead For Takeda Machinery (TSE:6150)
Jul 16Investors 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 (¥5.4B) exceed its short term liabilities (¥2.1B).
Long Term Liabilities: 6150's short term assets (¥5.4B) exceed its long term liabilities (¥825.0M).
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 30.9% to 22.1% over the past 5 years.
Debt Coverage: 6150's debt is well covered by operating cash flow (114.7%).
Interest Coverage: 6150's interest payments on its debt are well covered by EBIT (63.6x coverage).