Taiyo Koki Balance Sheet Health
Financial Health criteria checks 6/6
Taiyo Koki has a total shareholder equity of ¥7.0B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥8.8B and ¥1.8B respectively. Taiyo Koki's EBIT is ¥554.0M making its interest coverage ratio 554. It has cash and short-term investments of ¥497.0M.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | 554x |
Cash | JP¥497.00m |
Equity | JP¥6.98b |
Total liabilities | JP¥1.82b |
Total assets | JP¥8.80b |
Recent financial health updates
No updates
Recent updates
Some Investors May Be Willing To Look Past Taiyo Koki's (TSE:6164) Soft Earnings
Apr 06Taiyo Koki (TSE:6164) Is Reinvesting At Lower Rates Of Return
Mar 29Our Take On The Returns On Capital At Taiyo Koki (TYO:6164)
Mar 15We Think Taiyo Koki's (TYO:6164) Statutory Profit Might Understate Its Earnings Potential
Feb 17Taiyo Koki Co., Ltd.'s (TYO:6164) Stock Has Fared Decently: Is the Market Following Strong Financials?
Jan 25Taiyo Koki's (TYO:6164) Stock Price Has Reduced 36% In The Past Three Years
Dec 21Financial Position Analysis
Short Term Liabilities: 6164's short term assets (¥6.4B) exceed its short term liabilities (¥1.8B).
Long Term Liabilities: 6164's short term assets (¥6.4B) exceed its long term liabilities (¥1,000.0K).
Debt to Equity History and Analysis
Debt Level: 6164 is debt free.
Reducing Debt: 6164 had no debt 5 years ago.
Debt Coverage: 6164 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6164 has no debt, therefore coverage of interest payments is not a concern.