Tacmina Balance Sheet Health
Financial Health criteria checks 6/6
Tacmina has a total shareholder equity of ¥10.4B and total debt of ¥388.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ¥14.9B and ¥4.5B respectively. Tacmina's EBIT is ¥1.7B making its interest coverage ratio -36.7. It has cash and short-term investments of ¥4.0B.
Key information
3.7%
Debt to equity ratio
JP¥388.00m
Debt
| Interest coverage ratio | -36.7x |
| Cash | JP¥4.02b |
| Equity | JP¥10.42b |
| Total liabilities | JP¥4.52b |
| Total assets | JP¥14.94b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6322's short term assets (¥10.0B) exceed its short term liabilities (¥3.7B).
Long Term Liabilities: 6322's short term assets (¥10.0B) exceed its long term liabilities (¥835.0M).
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 6.3% to 3.7% over the past 5 years.
Debt Coverage: 6322's debt is well covered by operating cash flow (376.8%).
Interest Coverage: 6322 earns more interest than it pays, so coverage of interest payments is not a concern.