Tacmina Balance Sheet Health
Financial Health criteria checks 6/6
Tacmina has a total shareholder equity of ¥9.5B and total debt of ¥400.0M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ¥14.1B and ¥4.6B respectively. Tacmina's EBIT is ¥1.6B making its interest coverage ratio -40.2. It has cash and short-term investments of ¥3.5B.
Key information
4.2%
Debt to equity ratio
JP¥400.00m
Debt
Interest coverage ratio | -40.2x |
Cash | JP¥3.54b |
Equity | JP¥9.50b |
Total liabilities | JP¥4.57b |
Total assets | JP¥14.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6322's short term assets (¥9.6B) exceed its short term liabilities (¥3.3B).
Long Term Liabilities: 6322's short term assets (¥9.6B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 6322 has more cash than its total debt.
Reducing Debt: 6322's debt to equity ratio has reduced from 8.4% to 4.2% over the past 5 years.
Debt Coverage: 6322's debt is well covered by operating cash flow (210.8%).
Interest Coverage: 6322 earns more interest than it pays, so coverage of interest payments is not a concern.