Takatori Balance Sheet Health
Financial Health criteria checks 5/6
Takatori has a total shareholder equity of ¥8.5B and total debt of ¥3.9B, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are ¥18.0B and ¥9.5B respectively. Takatori's EBIT is ¥3.0B making its interest coverage ratio -187.8. It has cash and short-term investments of ¥3.6B.
Key information
46.3%
Debt to equity ratio
JP¥3.93b
Debt
Interest coverage ratio | -187.8x |
Cash | JP¥3.56b |
Equity | JP¥8.49b |
Total liabilities | JP¥9.50b |
Total assets | JP¥17.99b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6338's short term assets (¥15.1B) exceed its short term liabilities (¥9.4B).
Long Term Liabilities: 6338's short term assets (¥15.1B) exceed its long term liabilities (¥121.0M).
Debt to Equity History and Analysis
Debt Level: 6338's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: 6338's debt to equity ratio has increased from 34.6% to 46.3% over the past 5 years.
Debt Coverage: 6338's debt is well covered by operating cash flow (38.2%).
Interest Coverage: 6338 earns more interest than it pays, so coverage of interest payments is not a concern.