Takamatsu Machinery Balance Sheet Health
Financial Health criteria checks 3/6
Takamatsu Machinery has a total shareholder equity of ¥16.0B and total debt of ¥1.8B, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are ¥21.7B and ¥5.7B respectively.
Key information
11.1%
Debt to equity ratio
JP¥1.78b
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥4.24b |
| Equity | JP¥16.01b |
| Total liabilities | JP¥5.66b |
| Total assets | JP¥21.67b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6155's short term assets (¥13.5B) exceed its short term liabilities (¥4.0B).
Long Term Liabilities: 6155's short term assets (¥13.5B) exceed its long term liabilities (¥1.7B).
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 increased from 8.1% to 11.1% over the past 5 years.
Debt Coverage: 6155's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6155's interest payments on its debt are well covered by EBIT.