Takamatsu Machinery Balance Sheet Health
Financial Health criteria checks 4/6
Takamatsu Machinery has a total shareholder equity of ¥16.6B and total debt of ¥875.0M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are ¥22.3B and ¥5.7B respectively.
Key information
5.3%
Debt to equity ratio
JP¥875.00m
Debt
Interest coverage ratio | n/a |
Cash | JP¥3.34b |
Equity | JP¥16.62b |
Total liabilities | JP¥5.70b |
Total assets | JP¥22.31b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6155's short term assets (¥13.9B) exceed its short term liabilities (¥5.1B).
Long Term Liabilities: 6155's short term assets (¥13.9B) exceed its long term liabilities (¥592.0M).
Debt to Equity History and Analysis
Debt Level: 6155 has more cash than its total debt.
Reducing Debt: 6155's debt to equity ratio has reduced from 8.9% to 5.3% over the past 5 years.
Debt Coverage: 6155's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: Insufficient data to determine if 6155's interest payments on its debt are well covered by EBIT.