Tacmina Balance Sheet Health
Financial Health criteria checks 6/6
Tacmina has a total shareholder equity of ¥10.1B and total debt of ¥400.0M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ¥14.6B and ¥4.5B respectively. Tacmina's EBIT is ¥1.7B making its interest coverage ratio -38. It has cash and short-term investments of ¥3.9B.
Key information
4.0%
Debt to equity ratio
JP¥400.00m
Debt
| Interest coverage ratio | -38x |
| Cash | JP¥3.90b |
| Equity | JP¥10.08b |
| Total liabilities | JP¥4.53b |
| Total assets | JP¥14.60b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6322's short term assets (¥10.1B) exceed its short term liabilities (¥3.4B).
Long Term Liabilities: 6322's short term assets (¥10.1B) exceed its long term liabilities (¥1.2B).
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 7.8% to 4% over the past 5 years.
Debt Coverage: 6322's debt is well covered by operating cash flow (283.8%).
Interest Coverage: 6322 earns more interest than it pays, so coverage of interest payments is not a concern.